Birdwatch Note Rating
2023-12-11 21:59:30 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 8603C6AC18656FE73C9E2D3F030CE2E01C8C7B1D5C71CF5E1C46E1F3BFC53D36
Participant Details
Original Note:
As long as the inflation rate is positive, prices are increasing. The fact that inflation has come down to 3.2% in October means that prices are still going up, albeit at a slower rate than before. https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Inflation https://eu.usatoday.com/story/money/2022/07/05/inflation-prices-wont-drop-soon/7778227001/ https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/ The Federal Reserve aims for a target inflation rate of 2%. https://www.federalreserve.gov/faqs/economy_14400.htm
All Note Details