Birdwatch Note Rating
2023-04-16 22:03:36 UTC - HELPFUL
Rated by Participant: 917C525CFB0A91AED88267D87AABFB47CC1A78080C8E93EC43A66EDD71BCE3B7
Participant Details
Original Note:
Annual inflation has fallen to 5.0%; the Federal Reserve’s target is 2%. 5.0% is the lowest since 5/2021 (21 months); 8.9% peak in 6/2022. Inflation of 5.0% or higher only happened in 3 months during the 28 years of Presidents Clinton thru Trump. https://www.bls.gov/news.release/cpi.nr0.htm https://beta.bls.gov/dataViewer/view/timeseries/CUSR0000SA0 (12-month % change) https://www.federalreserve.gov/faqs/economy_14400.htm
All Note Details