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benchmark interest rateABC News
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89% Informative
Minutes: Most officials favored a rate cut in September if inflation continued to cool.
At July meeting, the policymakers kept their benchmark rate at 5.3% , a near- quarter-century high.
A lower Fed benchmark rate would lead eventually to lower rates for auto loans, mortgages and other forms of consumer borrowing.
VR Score
94
Informative language
97
Neutral language
56
Article tone
semi-formal
Language
English
Language complexity
62
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
2
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