Birdwatch Note Rating
2023-12-14 15:16:06 UTC - HELPFUL
Rated by Participant: 6F4939165B5952C05548AF3424EBB08E5FB7D43B1614953D7B2BFE7B9F2281CF
Participant Details
Original Note:
This is misleading. The recent slowdowns in inflation are primarily due to higher interest rates set by the U.S. Federal Reserve—the U.S. central bank which is independent and makes decisions without needing approval from the White House or Congress. https://www.forbes.com/advisor/investing/current-inflation-rate/ https://www.federalreserve.gov/faqs/about_12799.html
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