Birdwatch Note Rating
2023-06-14 00:46:16 UTC - HELPFUL
Rated by Participant: 2372F7F6A6BDD01B1396AB203A03CD807F0A5E7407E448DA87E9BB6CFDCEE81B
Participant Details
Original Note:
The decrease in inflation is due to the Federal Reserve hiking interest rates. The Federal reserve started raising rates in March 2022. https://www.investopedia.com/ask/answers/12/inflation-interest-rate-relationship.asp#:~:text=Higher%20interest%20rates%20are%20generally,rates%20to%20stimulate%20the%20economy. https://www.nbcnews.com/business/economy/how-raising-interest-rates-helps-fight-inflation-high-prices-recession-rcna33754 https://apnews.com/article/inflation-biden-health-congress-climate-and-environment-63df07e15002c01fb560a6f0e69fcb03
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