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Fed drift

What they wrote, and the inflation number against the line they named. Looking back — not a rate forecast.

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December 2024 — word scores

December 18, 2024

December 18, 2024 statement: commitment 13.8, certainty 52.0. Vs last meeting: commitment held roughly steady, certainty held roughly steady. Presser: 13.0 / 49.9.

Commitment in the statement

Commitment score: 13.8 (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: 52.0 (little changed from 52.1 at the previous meeting). Higher = more sure-sounding language; lower = more hedges and maybes.

Blackhorse Sentinel

Commitment & certainty by meeting

Watermarked · sources in footer

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

Sealed when scored — signed receipt below so the numbers travel with the report.

Receipt IDbfcfe79e-5494-4806-ae56-876a5f53b608
Hash80f2e3339826335ac7f30e68411b240313dd94bec160b8ddd6b87c4411b6e8a4
Signature1c2b45e4175bd2e0…3dc12c41ea9c6f03
Sealed at2026-07-29T23:00:56.696Z
Scorer versionsentinel-app/0.1.0

Read the source

FOMC statementPress conference transcript

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