Birdwatch Note Rating
2024-12-12 00:13:28 UTC - HELPFUL
Rated by Participant: C6D1479A450F6A1F40A7978DD90BDFEDE208BF0594357CBEDBBDEFFC99A12472
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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