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federal funds rateCNBC
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87% Informative
Expectations for a December interest rate cut remained strong after the Federal Reserve trimmed rates by a quarter percentage point in November .
The U.S. central bank lowered the federal funds rate to a target range of 4.5% to 4.75% on Thursday afternoon .
The probability of a December rate cut rose to more than 70% following the meeting, while the chances of a pause slipped to nearly 29% .
VR Score
94
Informative language
97
Neutral language
87
Article tone
formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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