Birdwatch Note Rating
2022-08-27 03:00:42 UTC - NOT_HELPFUL
Rated by Participant: 8222C96B4E9A17668C646B65978B08A5D69F550F3EDA8C711966257B79522ACB
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