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Claim Text
Last week, Jerome H. Powell, the chair of the central bank, sent his strongest signal yet that the Fed is preparing to cut interest rates again after a long pause.
Simplified Text
Jerome H Powell signaled Fed is preparing to cut interest rates.
Confidence Score
0.900
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "2025-08-29",
    "event": "Potential interest rate cut",
    "person": "Jerome H. Powell",
    "organization": "Federal Reserve"
}
Subject Tags
Finance Economy Policy
UUID
9fc899d8-2498-47ce-8f42-88d8d2c7abee
Vector Index
✗ No vector
Created
September 2, 2025 at 6:53 PM (1 week ago)
Last Updated
September 2, 2025 at 6:53 PM (1 week ago)

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Screenshot of https://www.nytimes.com/2025/08/29/business/pce-inflation-fed.html?campaign_id=9&emc=edit_nn_20250830&instance_id=161573&nl=the-morning&regi_id=122976029&segment_id=204921&user_id=b25c5730c89e0c73f75709d8f1254337
Fed’s Preferred Inflation Gauge Stayed Stable in July
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News
15 claims 🔥
1 week ago
https://www.nytimes.com/2025/08/29/business/pce-inflation-fed.html?campaign_id=9&emc=edit_nn_20250830&instance_id=161573&nl=the-morning&regi_id=122976029&segment_id=204921&user_id=b25c5730c89e0c73f75709d8f1254337

July's inflation remained stable, prompting the Federal Reserve to consider lowering interest rates in September. Consumer spending rose, despite tariff-related price increases.

Inflation
Federal Reserve
Interest Rates
US Economy
Consumer Spending
Tariffs

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