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US goes big with first interest rate cut in four years

BBC
Summary
Nutrition label

78% Informative

Federal Reserve says it will lower the target for its key lending rate by 0.5 percentage points.

The widely expected cut is bigger than many analysts had predicted just a week ago .

Comes as officials have noted increasing concern about rising unemployment rates.

Officials signalled that further cuts were likely to follow before the end of the year .

VR Score

89

Informative language

96

Neutral language

59

Article tone

semi-formal

Language

English

Language complexity

46

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

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