July 2024 — word scores
July 31, 2024
July 31, 2024 statement: commitment 13.6, certainty 52.2. Vs last meeting: commitment held roughly steady, certainty held roughly steady. Presser: 13.1 / 50.5.
Commitment in the statement
Commitment score: 13.6 (little changed from 13.5 at the previous meeting). Higher = more locked-in language vs. just describing the economy.
Certainty in the statement
Certainty score: 52.2 (little changed from 52.2 at the previous meeting). Higher = more sure-sounding language; lower = more hedges and maybes.
Blackhorse Sentinel
Commitment & certainty by meeting
Commitment and certainty by meeting. Up = more locked-in / more sure. Highlighted = this meeting.
Sources
- Scores from Blackhorse Sentinel Fed Language Drift (commitment + certainty on FOMC text).
- Read the source: Federal Reserve statements and press conferences (primary source links on each meeting page).
- Chart shows the last 8 meetings in the archive.
- Not a rate forecast — language scores only.
Proof
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