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persistent inflation ratesMSNBC
•77% Informative
Federal Reserve announced it is leaving interest rates unchanged at around 5.3% , their highest level since 2001 .
Frida Ghitis: The Fed should be cutting rates already, and every month it refuses to do so is a gift to Donald Trump .
She says the Fed says it’s maintaining current interest rates to fight inflation is good for Biden , but that isn’t the case.
Ghitis says higher interest rates are a clumsy tool for fighting inflation.
VR Score
80
Informative language
79
Neutral language
30
Article tone
formal
Language
English
Language complexity
47
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
22
Source diversity
15
Affiliate links
no affiliate links