Birdwatch Note Rating
2023-12-01 10:18:34 UTC - HELPFUL
Rated by Participant: 8CB88B00E4A5DFF0AD1C0A1FDEA672443695F5DBC2B6A7ABB8B4E941155C10EB
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
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