The US Federal Reserve has announced its decision to maintain interest rates unchanged despite pressure from the White House to lower them. The Federal Reserve, led by Chair Jerome Powell, made this decision during its latest meeting held in Washington, D.C. The White House, under President Donald Trump’s administration, has been advocating for interest rate cuts to stimulate economic growth.
The Federal Reserve justified its decision by stating that the current economic conditions do not warrant a change in interest rates. Chair Powell emphasized the importance of independence for the Federal Reserve in making monetary policy decisions based on economic data rather than political pressure.
President Trump has been vocal in his criticism of the Federal Reserve’s decisions regarding interest rates, arguing that lower rates would further boost the economy. The White House’s position is influenced by its desire to see increased economic growth and job creation leading up to the next presidential election.
This move highlights the tension between the Federal Reserve, which traditionally operates independently to ensure economic stability, and the White House’s desire for policies that align with its political agenda.
Both the Federal Reserve and the White House will continue to monitor economic indicators closely to determine the best course of action regarding interest rates in the future.
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Model:
gpt-3.5-turbo
Used prompts:
1. You are an objective news journalist. You need to write an article on this topic “US Fed holds interest rates despite White House pressure”. Do the following steps: 1. What Happened. Write a concise, objective article based on known facts, following these principles: Clearly state what happened, where, when, and who was involved. Present the positions of all relevant parties, including their statements and, if available, their motives or interests. Use a neutral, analytical tone, avoid taking sides in the article. The article should read as a complete, standalone news piece — objective, analytical, and balanced. Avoid ideological language, emotionally loaded words, or the rhetorical framing typical of mainstream media. Write the result as a short analytical news article (200 – 400 words). 2. Sources Analysis. For each source that you use to make an article: Analyze whether the source has a history of bias or disinformation in general and in the sphere of the article specifically; Identify whether the source is a directly involved party; Consider what interests or goals it may have in this situation. Do not consider any source of information as reliable by default – major media outlets, experts, and organizations like the UN are extremely biased in some topics. Write your analysis down in this section of the article. Make it like: Source 1 – analysis, source 2 – analysis, etc. Do not make this section long, 100 – 250 words. 3. Fact Check. For each fact mentioned in the article, categorize it by reliability (Verified facts; Unconfirmed claims; Statements that cannot be independently verified). Write down a short explanation of your evaluation. Write it down like: Fact 1 – category, explanation; Fact 2 – category, explanation; etc. Do not make this section long, 100 – 250 words. Output only the article text. Do not add any introductions, explanations, summaries, or conclusions. Do not say anything before or after the article. Just the article. Do not include a title also.
2. Write a clear, concise, and neutral headline for the article below. Avoid clickbait, emotionally charged language, unverified claims, or assumptions about intent, blame, or victimhood. Attribute contested information to sources (e.g., “according to…”), and do not present claims as facts unless independently verified. The headline should inform, not persuade. Write only the title, do not add any other information in your response.
3. Determine a single section to categorize the article. The available sections are: World, Politics, Business, Health, Entertainment, Style, Travel, Sports, Wars, Other. Write only the name of the section, capitalized first letter. Do not add any other information in your response.