This is a news story, published by Yahoo Finance, that relates primarily to the Federal Reserve news.
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The bank said the Federal Reserve can shift its focus to economic growth after the cool June CPI report.
"Slowing GDP + accelerating EPS has been the best backdrop for stocks," Bank of America said.
The bank expects a decline in June retail sales data to further the Fed 's case for interest rate cuts in September .
VR Score
92
Informative language
92
Neutral language
74
Article tone
formal
Language
English
Language complexity
55
Offensive language
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Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
10
Source diversity
2
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