Birdwatch Note Rating
2023-04-16 17:42:07 UTC - HELPFUL
Rated by Participant: CEFD2CACA791BA6666D2548F85F1AC8198D7AB1C085B68A7B603D3301AF70FC6
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
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