Birdwatch Note Rating
2024-10-12 02:31:35 UTC - HELPFUL
Rated by Participant: D2225AA49F43B3976FC1810DCBCF121EA33F67F1291DB5BB4F833DAEDA1D4C78
Participant Details
Original Note:
The report showed that overall inflation was 2.4% on an annual basis, down slightly from 2.5% previously. While this was slightly more than economists predicted, inflation did not "surge" and has been decreasing. The producer price index was flat for the month. https://www.nytimes.com/live/2024/10/10/business/cpi-inflation-fed https://www.cnbc.com/2024/10/11/producer-price-index-september-2024-.html https://www.bls.gov/news.release/pdf/cpi.pdf
All Note Details