2024-11-01 19:37:34
Inflation, the increase in the prices of goods and services, has not fallen The Inflation RATE, the year over year percentage speed of price increases, has fallen [Link] In addition, 2% in 2024 is a larger dollar amount increase than 2% in 2019 due to exponential growth. [Link] NEEDS_MORE_RATINGS(5-0-9) Author
2024-11-01 20:15:09
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. [Link] Multiple economists and publications justify this rate, as some inflation is a sign of a healthy economy. [Link] NEEDS_MORE_RATINGS(9-0-1) Author