Birdwatch Note Rating
2024-10-30 15:59:25 UTC - HELPFUL
Rated by Participant: A873478FC1A69432EDA9391BD75893577DFCBA0F3648799FCCDABFAD0C86AD03
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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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