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Text of the policy statement the Federal Reserve released Wednesday

ABC News
Summary
Nutrition label

81% Informative

Recent indicators suggest that economic activity has continued to expand at a solid pace.

Job gains have slowed, and the unemployment rate has moved up but remains low.

Inflation has made further progress toward the Committee’s 2 percent objective.

The Committee decided to lower the target range for the federal funds rate by 1/2 percentage point.

VR Score

92

Informative language

98

Neutral language

57

Article tone

formal

Language

English

Language complexity

66

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