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higher inflationCNN
•US Politics
US Politics
77% Informative
Inflation has cooled significantly since it peaked at a 40-year high in 2022 .
Americans are paying around 20% more for goods and services now compared to before the pandemic.
On the flip side, the job market has been flashing warning signs lately.
The unemployment rate is hovering near three-year highs, and employers are cutting back on hiring.
Currently, the US government is running a $1.5 trillion budget deficit, according to Treasury Department data.
The nonpartisan Penn-Wharton Budget Model projects it will increase to $2.1 trillion by 2034 .
The higher the deficit, the riskier it becomes to hold US debt, which tends to grow when the deficit does.
VR Score
81
Informative language
80
Neutral language
22
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
13
Source diversity
3
Affiliate links
no affiliate links
