Birdwatch Note Rating
2023-07-12 18:10:14 UTC - HELPFUL
Rated by Participant: 3081CC1AF08CF496B9AC7BE8C8BDF1108C753934F06590D79355F31A9D98239B
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Original Note:
A New York Federal Reserve survey released Monday showed that one-year inflation expectations had fallen to 4.1%, which is its lowest point since May 2021. The Federal Reserve's desired inflation level is 2%. Which is still over double compared to what it was under Trump. https://www.nbcnews.com/business/economy/inflation-is-finally-slowing-down-economy-outlook-rcna89298
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