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consumer spending rateThe Hill
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69% Informative
Brian Moynihan , CEO of Bank of America , said that the financial giant no longer believes a recession is on the horizon for the American economy.
He said the Biden administration and the Federal Reserve have achieved a “soft landing” after inflation troubles in recent years .
Bank predicts two interest rate cuts this year , one at next month’s meeting and one in December .
VR Score
79
Informative language
82
Neutral language
48
Article tone
semi-formal
Language
English
Language complexity
40
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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