Birdwatch Archive

Birdwatch Note Rating

2023-06-14 15:04:57 UTC - HELPFUL

Rated by Participant: 81C6DFA5A1B862EDD796C1381AFB9B9A9BE8F7F0529AE5FB4766732D63193381
Participant Details

Original Note:

The "Inflation Reduction Act" was expected to have a "negligible effect on inflation" in 2022 & 2023, according to the CBO. https://www.budget.senate.gov/imo/media/doc/58357-Graham.pdf Increases in the interest rate by the Federal Reserve is widely thought to be the primary driver of lower inflation. https://www.investopedia.com/articles/stocks/09/how-interest-rates-affect-markets.asp

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All Information

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