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Fed Chairman Powell hints at more rate cuts ahead

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Summary
Nutrition label

65% Informative

US Federal Reserve cut interest rates by 50 basis points, the first of its kind in 4 years .

Jerome Powell said cuts will depend on economic and market condition.

Powell said the Fed is well positioned to address any form of risk that might arise in the market and economy.

Powell implied that the Fed will only make more cuts depending on the economy.

VR Score

56

Informative language

53

Neutral language

35

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links