Birdwatch Note Rating
2023-09-01 17:23:11 UTC - HELPFUL
Rated by Participant: 56E9A00D2FA791978719918C9AE9C2E8463C095AE64A4940D097137C667CB61B
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
All Note Details