Birdwatch Note Rating
2023-09-01 11:27:18 UTC - NOT_HELPFUL
Rated by Participant: C7C49AB89E19877D15A66E5BF1B0CBF0A70007AF1579F085DFFF4DE1560D7C36
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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