Birdwatch Note Rating
2023-05-22 12:01:42 UTC - HELPFUL
Rated by Participant: 1B976A2EC6A2E9265B88D31326C449A04E71EC8A1A4DFF7A550CE3D8B5228F38
Participant Details
Original Note:
The current annual inflation rate is 4.9% (prices are 4.9% higher now than a year ago). https://www.bls.gov/news.release/cpi.nr0.htm While this is the lowest in 2 years, it is still considered quite high. Prior to this 24 month stretch, a rate that high only occurred in 4 other months this century. https://www.bls.gov/news.release/cpi.nr0.htm The goal is 2%. https://www.federalreserve.gov/faqs/economy_14400.htm
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