Birdwatch Note Rating
2022-08-26 23:40:28 UTC - NOT_HELPFUL
Rated by Participant: 80117E5ADE42048B741E6067E80B7B78CE168917C43A59412DC26B10F393A53C
Participant Details
Original Note:
On the Federal Open Market Committee - which decides Fed policy - 4 members were appointed by Biden, 3 by Trump, and 5 aren't chosen by the President. https://www.brookings.edu/opinions/who-has-to-leave-the-federal-reserve-next/ The Fed's aim is to bring inflation down in line with its legal mandate. It will slow growth but wants to avoid recession. https://www.federalreserve.gov/newsevents/speech/powell20220826a.htm
All Note Details