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The Fed just convinced markets it's not behind the curve

Yahoo Finance
Summary
Nutrition label

81% Informative

Fed Chair Powell appears to have convinced investors the central bank is cutting rates to keep the economy on track, not to save it.

Stocks surged Thursday following Powell 's press conference after the rate cut decision.

The Information Technology sector ( XLK ) as a whole rose more than 3.3% on Thursday .

VR Score

87

Informative language

87

Neutral language

72

Article tone

formal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links