Birdwatch Note Rating
2024-04-17 19:45:34 UTC - HELPFUL
Rated by Participant: 9E947B783B0D424BCD376676D4A29B9E72BD007635F8EE47F94E8ABC28D5643B
Participant Details
Original Note:
A Labour Administration doesn't automatically render high inflation rates. Inflation is determined by timely actions of central bank (s) - i.e. doing enough in time to stop energy and food price shocks which leads to high inflation. Truss's mini budget shock emphasizes that. https://mainlymacro.blogspot.com/2023/12/lessons-so-far-from-inflation-bubble-of.html
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