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Raising Interest Rates -Article Review
This article is written by Rahul Karunakar in an international new organization website, Reuters. It is a shot four minutes read written three days ago, which is the last month in the first quarter of the year. The author analyses a poll done by Reuters and presents his findings in a short but clear manner. The author is a news writer and editor at Reuters division of news.
In this article, Rahul’s aim is to pass information that the United States (U.S) Federal Reserve is likely to increase interest rates in the third quarter of the year (Rahul, 2019). His objective is pass news about a new Reuters poll, which differs from an earlier poll that stated the interest rates would increase before the third quarter. The author puts it clear that once Fed increases the interest rate in the quarter, they are likely to stay put for a long period of time.
In my opinion, the author has achieved the intended goal of the article. His main aim is to pass information to the public about when the interest rates are likely to rise. First his title, Fed to raise interest rates once more in the third quarter, then done: Reuters poll, makes his point home. He then uses evidence of this in his article when provides the opinion of the Fed Chair who says that,” The Central Bank does not feel any hurry”.
I like this article because it addresses its main goal with a lot of clarity. The author provides evidence of his sources of information and does a thorough analysis of the poll by Reuters. I am particularly impressed when he uses the exact words of the Fed Chair to show that the information can be relied on...................GET A PLAGIARISM FREE COPY