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Guardian

Guardian

US inflation softens to lowest level since February 2021 as Fed prepares to cut interest rates

Guardian
Summary
Nutrition label

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

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