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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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September 2025 — word scores

September 17, 2025

September 17, 2025 statement: commitment 13.6, certainty 52.3. Vs last meeting: commitment held roughly steady, certainty held roughly steady. Presser: 13.0 / 50.4.

Commitment in the statement

Commitment score: 13.6 (little changed from 13.7 at the previous meeting). Higher = more locked-in language vs. just describing the economy.

Certainty in the statement

Certainty score: 52.3 (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

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 ID930d85e3-fd75-4ef4-a3c8-68192e010f3d
Hashc75f2ab4aa65aeda8809e57f5f0fa2d5b1a119a9b4e8dc49606a6959663ec7ea
Signatured9927fc7b58d3b90…c06509a7619f42d2
Sealed at2026-07-29T23:00:55.334Z
Scorer versionsentinel-app/0.1.0

Read the source

FOMC statementPress conference transcript

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