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hurtful inflationPBS
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71% Informative
Federal Reserve Chair Jerome Powell said in a speech last month that inflation was essentially defeated.
Yet most Americans are not in the same celebratory mood about the plummeting of inflation in the face of the high borrowing rates the Fed engineered.
The relatively sour mood of the public is creating challenges for Vice President Kamala Harris as she seeks to succeed President Joe Biden .
The Fed tailors its interest rate policies to manage inflation rather than price levels.
The central bank’s goal is to return it to a sustainable level rather than reverse the price increases.
Economists tend to regard inflation as a consequence of strong growth, not inflation.
A survey found that ordinary Americans view inflation as an unambiguously bad thing.
VR Score
83
Informative language
89
Neutral language
31
Article tone
semi-formal
Language
English
Language complexity
52
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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