Birdwatch Archive

Birdwatch Note Rating

2024-10-30 14:25:47 UTC - HELPFUL

Rated by Participant: 3EABAC075306D44A7F63263387AC01A66EECF88703D1B18F13B58694C5555006
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Original Note:

The method governments use to fight inflation is with monetary policy. https://time.com/6227633/inflation-federal-reserve-interest-rates/ The Federal Reserve raised interest rates and that caused inflation to drop. https://www.usbank.com/investing/financial-perspectives/market-news/federal-reserve-tapering-asset-purchases.html It is commonly understood and reported that the Inflation Reduction Act did not help inflation. https://www.pbs.org/newshour/economy/inflation-is-down-but-the-inflation-reduction-act-likely-doesnt-deserve-the-credit

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