Birdwatch Note Rating
2024-11-02 13:33:46 UTC - NOT_HELPFUL
Rated by Participant: 66F114B50A6D8BC3C722B4327A4EC5A992E6FE11E2DB189DB8D93D5703A81F10
Participant Details
Original Note:
Post is factually correct and commenter is misinformed. The Fed’s target inflation rate is 2%, as Biden stated. He correctly compares this to the current rate of 2.1. https://www.federalreserve.gov/economy-at-a-glance-inflation-pce.htm Multiple economists and publications justify this rate, as some inflation is a sign of a healthy economy. https://www.economist.com/the-economist-explains/2024/09/17/what-is-the-feds-preferred-inflation-measure
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