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Inflation goes up 2.7% amid the Federal Reserve's ongoing battle against rising prices

CBS News
Summary
Nutrition label

88% Informative

Consumer Price Index, a basket of goods and services typically bought by consumers, rises 2.7% on an annual basis.

The Federal Reserve has been battling high inflation since 2022 , when it began ratcheting up its benchmark rate.

That's helped lower the inflation rate to its current level from a recent peak of 9.1% in June 2022 .

VR Score

95

Informative language

97

Neutral language

70

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

2

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no affiliate links