Birdwatch Note Rating
2024-09-18 21:22:00 UTC - HELPFUL
Rated by Participant: 481D0AD0EBA3E2E3428E118D60051058C4D61094109D170A1D1221EB5C23E7C7
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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