Birdwatch Note Rating
2024-09-18 21:09:29 UTC - HELPFUL
Rated by Participant: 1FECBCC895997FAFBD16046C12CBEC1A64E737F9D2279CFAA89510E13E0652A1
Participant Details
Original Note:
The Federal Reserve, not the White House, cuts interest rates. The Fed's decisions are made independently by the Federal Open Market Committee to manage inflation and employment. https://www.politico.com/news/2024/09/18/feds-cutting-interest-rates-economy-response-00179216 https://www.investopedia.com/federal-reserve-cuts-interest-rates-first-time-since-2020-8714629
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