Birdwatch Note Rating
2024-12-11 17:19:41 UTC - HELPFUL
Rated by Participant: 803A1079241C6E43E80E29DED17CB0AC5DCFD4B272577E0426F05DFEAFF0BDC6
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.federalreserve.gov/monetarypolicy/monetary-policy-what-are-its-goals-how-does-it-work.htm https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Fiscal-Policy
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