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VOA

US Fed welcomes 'soft landing' even if many Americans don't feel like cheering

VOA
Summary
Nutrition label

72% Informative

Many Americans are not in the same celebratory mood about the plummeting of inflation in the face of the high borrowing rates the Fed engineered.

The relatively sour mood of the public is creating challenges for Vice President Kamala Harris as she seeks to succeed President Joe Biden .

Many voters say they're dissatisfied with the Biden-Harris administration's economic record, especially frustrated by high prices.

The Fed tailors its interest rate policies to manage inflation, rather than price levels.

The central bank's goal is to return inflation to a sustainable level, currently defined as 2% , rather than reverse the price increases.

Economists in general are more likely to regard inflation as a consequence of strong growth.

VR Score

84

Informative language

90

Neutral language

32

Article tone

informal

Language

English

Language complexity

54

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

Affiliate links

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