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In a switch, Trump approves the Fed's decision to hold interest rates steady

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Summary
Nutrition label

72% Informative

President Donald Trump commended the Federal Reserve for its decision last week to leave interest rates unchanged.

"Holding the rates at this point was the right thing to do," he told reporters.

Markets don't expect the Fed to lower rates until at least June .

The president has no direct authority over the Fed , though he does nominate the chairman.

VR Score

82

Informative language

87

Neutral language

39

Article tone

formal

Language

English

Language complexity

50

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