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financial instabilityBenzinga
•73% Informative
Raghuram Rajan has urged central banks globally to raise their intervention thresholds.
Rajan praised the U.S. Federal Reserve’s success in curbing inflation, which fell from 9% in June 2022 to under 3% in the following month .
He cautioned about potential risks, especially those associated with ongoing inflation in services and housing.
This recommendation comes in the wake of Jerome Powell's speech at Jackson Hole .
VR Score
73
Informative language
76
Neutral language
74
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formal
Language
English
Language complexity
62
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Hate speech
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Attention-grabbing headline
detected
Known propaganda techniques
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Time-value
short-lived
External references
1
Source diversity
1
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