Birdwatch Note Rating
2023-12-05 01:23:45 UTC - HELPFUL
Rated by Participant: C0B0ED77AF775F58BC4560F4F0A26311E4FA563886DFC7099B61DFFEAED61C4F
Participant Details
Original Note:
Bringing prices back down is typically a sign of deflation, not lower inflation. https://en.wikipedia.org/wiki/Deflation Economy *can* experience MoM deflation while YoY inflation is >0%. This doesn’t seem to be the case currently, though. https://tradingeconomics.com/united-states/core-inflation-rate-mom#:~:text=December%20of%202023.-,Core%20Inflation%20Rate%20MoM%20in%20the%20United%20States%20decreased%20to,macro%20models%20and%20analysts%20expectations.
All Note Details