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Federal ReserveVOA
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78% Informative
The Federal Reserve's rate cut on Sept. 18 is likely to be followed by more, with at least another quarter-percentage-point reduction expected.
Looser monetary policy, which the Fed had been signaling was on the way, has already put money back into people's pockets.
The public's mood is still marred by nearly two years of high inflation, surveys show.
A New York Fed survey showed people feeling better off than a year ago and expecting more improvement in the year ahead .
The University of Michigan's consumer sentiment index had been improving but then dropped in recent months .
The most recent U.S. Census "pulse" polls of households showed the share who reported trouble paying household expenses in the past week has ebbed from 2022 , when inflation hit its peak.
VR Score
89
Informative language
96
Neutral language
43
Article tone
semi-formal
Language
English
Language complexity
58
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
no affiliate links