Birdwatch Note Rating
2024-08-17 16:21:00 UTC - HELPFUL
Rated by Participant: A2C50BA0B5F819A3229B174818F14B0C5EA1BCB29F342C7DA94408D9EC3380BB
Participant Details
Original Note:
The Inflation Reduction Act was signed August 16th, 2022 making it unlikely the funds were disbursed in enough time to impact inflation. https://www.cnn.com/2022/08/16/politics/biden-inflation-reduction-act-signing/index.html The Federal Reserve began increasing interest rates in March 2022 to combat inflation. https://www.forbes.com/advisor/investing/fed-funds-rate-history/
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