Birdwatch Note Rating
2024-04-10 23:31:28 UTC - HELPFUL
Rated by Participant: 6F9CBAA7C2C95028E87E8A8AF8341D27DE43D64878C1D8BC825FDA01FB23F459
Participant Details
Original Note:
As long as the inflation rate is positive, prices/costs are increasing. Inflation reached 3.5% in March, up from 3.2% in February. https://cnn.com/2024/04/10/economy/cpi-consumer-price-index-inflation-march/index.html https://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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