Birdwatch Note Rating
2023-08-26 17:15:18 UTC - HELPFUL
Rated by Participant: 55BD44EBE99E9E8CA87CD9390A8544AC81CAFBF2B38B716BEC0A323568FDC734
Participant Details
Original Note:
CBO only estimated IRA impact on near-term inflation “between 0.1 percentage point lower and 0.1 percentage point higher” https://www.cbo.gov/system/files/2022-08/58357-Graham.pdf Inflation decline more likely due to Fed raising rates from near zero to over 5% “in the most aggressive series of rate hikes since the early 1980s.” https://www.npr.org/2023/08/25/1195908947/federal-reserve-jerome-powell-inflation-economy-interest-rates
All Note Details