US Inflation Eases, Rate Cut Looms
This is a news story, published by Guardian, that relates primarily to Fed news.
News about inflation
For more inflation news, you can click here:
more inflation newsGuardian news
For more news from Guardian, you can click here:
more news from GuardianAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about inflation, you might also like this article about
inflation. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest CPI reading news, economic slowdown news, news about inflation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
consumer price indexGuardian
•US inflation softens to lowest level since February 2021 as Fed prepares to cut interest rates
71% Informative
Consumer price index rose at an annual rate of 2.5% in August down from 2.9% in July .
On a month-to- month basis, the index rose 0.2% last month , in line with its rate of growth during July .
Inflation has since fallen back significantly, but at times remained stubbornly high.
Fed officials are seeking a so-called “soft landing”, where price growth is normalized and recession avoided.
VR Score
81
Informative language
84
Neutral language
60
Article tone
formal
Language
English
Language complexity
51
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
Affiliate links
no affiliate links