Birdwatch Note Rating
2023-09-01 03:48:40 UTC - NOT_HELPFUL
Rated by Participant: 86FC8962390CCFA59A015054DADDE2A88661272DC994688CF9E00AC5494C50D3
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