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Business & Economics

Yellen says CPI data shows progress in US fight against inflation

Reuters
Summary
Nutrition label

87% Informative

Janet Yellen : Consumer price index data for January showed progress in fight against inflation.

Yellen said the Biden administration had made "significant progress in our fight to bring down inflation" Yellen focused on the year-on-year CPI inflation figure of 3.1% , not the surprise 0.3% month-inflation surge in January .

A surge in the cost of shelter pushed up the index more than was forecast by economists.

VR Score

95

Informative language

99

Neutral language

57

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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