Birdwatch Note Rating
2023-05-26 16:49:59 UTC - HELPFUL
Rated by Participant: 45B4C3B5022BC55E2BCAAF8281EEA87F80AEED6C2E864D6FD764F2F46A95DBC5
Participant Details
Original Note:
According to JP Morgan, inflation is being driven by higher energy prices, food, rent and consumer goods not addressed by the Inflation Reduction Act (IRA). The IRA was primarily a spending bill on climate initiatives and health care subsidies. https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/market-updates/on-the-minds-of-investors/how-will-the-inflation-reduction-act-impact-the-economy/
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