Birdwatch Note Rating
2022-08-27 15:25:51 UTC - NOT_HELPFUL
Rated by Participant: F6CBCCAF9A63AA147334235D105A0F483F6C7BD7519D2A68579D667F4321060A
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