Birdwatch Note Rating
2024-12-12 05:19:00 UTC - NOT_HELPFUL
Rated by Participant: 8190A7975DE7457D8A1C11DBCC8D9DB1B94DC5E0F792072164305D93052C5E9F
Participant Details
Original Note:
The Fed influences economic conditions but does not set spending levels. Borrowing and allocation decisions rest with Congress and the President, not the Fed Chair or Treasury Secretary. https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Fiscal-Policy https://www.federalreserve.gov/monetarypolicy/monetary-policy-what-are-its-goals-how-does-it-work.htm
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