Birdwatch Note Rating
2023-08-07 16:32:50 UTC - HELPFUL
Rated by Participant: AC87D8C94AD6E2F20FB25EF393DC3EF260BEE2BCC46D1098855E8301837B675A
Participant Details
Original Note:
In June, core CPI was up 0.2% on a monthly basis and 4.8% from a year ago. The price of Food, Energy and Shelter are all up, as well. The New York Fed’s recession probability model suggests a 67.3% chance of a U.S. recession sometime within the next 12 months. https://www.forbes.com/advisor/investing/current-inflation-rate/
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