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Because inflation expectations are now more firmly tied down, surges and declines in energy prices do not significantly affect core inflation and thus do not force a policy response to inflation to the extent they did three decades ago.
The Federal Reserve is hawkish.
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The effect of a productivity slowdown on employment growth is likewise ambiguous in the medium term.
The Federal Reserve is neutral.
2
The unemployment rate declined in May and , 2020 June but, at 11.1 percent, remains far above its level before the outbreak and greater than the Chair Powell’s Press Conference FINAL peak during the Global Financial Crisis.
The Federal Reserve is hawkish.
2
And—but inflation expectations did not move strongly down here in the United States.
The Federal Reserve is neutral.
2
Moreover, theory and intuition tell us that monetary credibility will be greatest when the central bank does what it is supposed to do: offset economic shocks to keep price pressures from building and thereby keep inflation itself low and stable.
The Federal Reserve is neutral.
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Experienced loan officers who are well acquainted with their markets can channel funds into the loans that are most likely to create wealth and growth in the local economy.
The Federal Reserve is neutral.
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The growth of domestic nonfinancial debt slowed in October (latest data), reflecting a larger further paydown of federal debt and a reduced pace of private borrowing.
The Federal Reserve is neutral.