Birdwatch Note Rating
2023-11-30 23:40:43 UTC - HELPFUL
Rated by Participant: B8FD33EC5563409B3024CC7370177BE5E7E94BEBC7A7937B771070AA13EAD99C
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