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Federal Reserve Chair Jerome PowellCNBC
•80% Informative
Fed Chair Jerome Powell : "We are not on any preset course" Powell expressed confidence in economic strength and sees inflation continuing to cool.
Powell said he and his colleagues will seek to balance bringing down inflation with supporting the labor market.
The remarks come less than two weeks after the Fed approved the half percentage point, or 50 basis point, reduction in the Fed 's key overnight borrowing rate.
VR Score
91
Informative language
97
Neutral language
72
Article tone
semi-formal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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no external sources
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