Birdwatch Note Rating
2024-08-17 09:14:19 UTC - HELPFUL
Rated by Participant: DBAE36A4D1602DFE7F55718D468370F5AC9D443F7E85978A7EB9E1AFFF23F49A
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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