Birdwatch Note Rating
2023-05-26 18:52:21 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7A1FFBB73D69C5A5303F1AF735EA66A8D66D2CE846E4B8977ACBE0342E67D7AF
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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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