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Fed Governor Bowman explains dissent on rate vote, says she's worried about inflation

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Summary
Nutrition label

81% Informative

Bowman was the lone dissenter from the Federal Open Market Committee's decision to lower benchmark interest rates for the first time in more than four years .

Bowman said the half percentage point, or 50 basis point, reduction posed a number of risks to the Fed 's twin goals of achieving low inflation and full employment.

Bowman : The jumbo cut "could be interpreted as a premature declaration of victory on our price-stability mandate".

VR Score

92

Informative language

97

Neutral language

74

Article tone

informal

Language

English

Language complexity

58

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

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