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interest ratesCNBC
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77% Informative
A deeper interest rate cut from the Federal Reserve this month could spook financial markets and send the wrong message about an imminent risk of recession, according to one economist.
George Lagarias , chief economist at Forvis Mazars , told CNBC that while no one can guarantee the scale of the Fed 's rate cut at its forthcoming meeting, he is "firmly" in the camp calling for a quarter -point reduction.
It comes as policymakers at the U.S. central bank are widely expected to start lowering interest rates when they meet on Sept. 17-18 .
VR Score
88
Informative language
93
Neutral language
69
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semi-formal
Language
English
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49
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Attention-grabbing headline
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Known propaganda techniques
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