Birdwatch Note Rating
2023-09-01 00:12:41 UTC - HELPFUL
Rated by Participant: 0C333ECDEAFE5D9DF6D733CEE4FDB8FBC329DC7CBCC5F50ECA89BC37F3F2DA85
Participant Details
Original Note:
The Federal Reserves preferred benchmark for inflation is Personal Consumption Expenditures which was 3.3% in July, 3% in June, and 3.8% in May. The Federals Reserve stated goal is 2% annual inflation. Monthly inflation averages can conceal much higher annual rates. https://www.bea.gov/data/personal-consumption-expenditures-price-index https://fred.stlouisfed.org/series/PCE
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