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inflationPBS
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76% Informative
Year-over-year inflation reached its lowest level in more than three years in July .
Inflation peaked two years ago at 9.1% , the highest level in four decades .
Nearly all the increase in the monthly inflation figure reflected higher rental prices and other housing costs.
Economists widely expect the Fed ’s first rate cut to occur in September .
The Fed ’s benchmark rate is at a 23-year high of 5.3% . Still, the rise in the unemployment rate has reflected mainly an influx of job-seekers, especially new immigrants.
That is a much more positive reason for a higher unemployment rate than if it came from a jump in layoffs.
Measures of job cuts remain low.
VR Score
87
Informative language
94
Neutral language
35
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formal
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English
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47
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Attention-grabbing headline
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Known propaganda techniques
not detected
Time-value
short-lived
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