Birdwatch Note Rating
2023-05-27 00:30:41 UTC - HELPFUL
Rated by Participant: C9113EC38C2E3F562047F48D69E85BC649A11A4B804F90BACBAC72947B5F6B1A
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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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