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Claim Text
Two members of the Fed’s Board of Governors, both nominated by Mr. Trump, were ready to restart interest rate cuts at the most recent meeting, in July, citing less concern about inflation and greater worries about the labor market.
Simplified Text
Two Fed governors nominated by Trump were ready to restart interest rate cuts in July.
Confidence Score
0.900
Claim Maker
The author
Context Type
News Article
Context Details
{
    "date": "2025-08-29",
    "event": "July meeting",
    "person": "Donald Trump",
    "organization": "Federal Reserve"
}
Subject Tags
Finance Economy Policy
UUID
9fc899d9-1cb2-4a09-acbb-6a79c30d61a4
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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