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82% Informative
Major Wall Street CEOs see ongoing inflation pressures in the U.S. economy and aren't convinced that the Federal Reserve will continue its rate-easing path with a further two reductions this year .
America 's consumer price index, a key inflation gauge, was up 2.4% in September compared to the same period in 2023 .
The Fed cut its benchmark rate by 50 basis points in September .
"Geopolitics are back and will be part of the challenge for decades to come," Pick said.
Apollo Global CEO Marc Rowan even questioned why the Fed was cutting rates at a time when so much fiscal stimulus had propped up a healthy-looking U.S. economy.
VR Score
88
Informative language
92
Neutral language
9
Article tone
semi-formal
Language
English
Language complexity
49
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
4
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