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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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January 2025 — word scores

January 29, 2025

January 29, 2025 statement: commitment 13.4, certainty 52.0. Vs last meeting: commitment held roughly steady, certainty held roughly steady. Presser: 12.9 / 49.5.

Commitment in the statement

Commitment score: 13.4 (little changed from 13.8 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 52.0 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 IDa2899b98-0b36-4f48-b14b-8310622f7dbe
Hashb65014d3744d75d809d7a38bbcbd3221c9fb98a8587f4cbeaab7b5a90dc0f3dd
Signature568b35b26b977220…6eb0df96335791c2
Sealed at2026-07-29T23:00:56.472Z
Scorer versionsentinel-app/0.1.0

Read the source

FOMC statementPress conference transcript

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