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Higher inflationABC News
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85% Informative
Federal Reserve is set to cut interest rates again while facing a hazy post-election outlook.
The presidential contest might still be unresolved when the Fed ends its two-day meeting Thursday afternoon .
The Fed 's future actions will become more unsettled once a new president and Congress take office in January .
With inflation having fallen so far, Powell and other Fed officials have said they think high borrowing rates are no longer necessary.
Powell likely to reiterate that the Fed 's decisions aren't affected by politics at all.
The Fed 's latest meeting comes right after Election Day .
Many mainstream economists are alarmed by Trump ’s latest proposed tariffs, which they say would almost certainly reignite inflation.
Trump is proposing significantly broader tariffs — essentially, import taxes — that would raise the prices of about 10 times as many goods from overseas.
VR Score
91
Informative language
92
Neutral language
72
Article tone
formal
Language
English
Language complexity
51
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
1
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