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Reuters

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Business & Economics

Central banks in Europe keep easing on the agenda even as Fed stays firmly on hold

Reuters
Summary
Nutrition label

78% Informative

Most of the world's biggest central banks have been cutting borrowing costs this year due to slowing inflation.

The Bank of England cut interest rates by 25 basis points and hinted at more easing.

Sweden 's Riksbank and Norway 's Norges Bank both said that rate cuts are likely coming.

The Fed warned Wednesday that the turbulence could push up both inflation and unemployment, opposing forces that call for different policy responses.

VR Score

90

Informative language

96

Neutral language

57

Article tone

formal

Language

English

Language complexity

52

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

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