Birdwatch Note Rating
2023-09-01 05:58:05 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 96FCF696552C6B0FF2C5072A6606F674B9CF49C8012EA2510CA312D52C71FA7F
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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