Birdwatch Note Rating
2023-08-26 11:30:33 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 77651EC615D41FD8D0988A19E921C409FF526197F36BC9627010B91BC4AB96C8
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
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