Birdwatch Note Rating
2023-08-07 01:13:59 UTC - HELPFUL
Rated by Participant: B87B10AC8CCDB46C93D80919B1D5EA90626FF1ED78823B0C2DD978EB3415A3AB
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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