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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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July 2026 — word scores

July 29, 2026

July 29, 2026 statement: commitment 14.9, certainty 51.9. Vs last meeting: commitment rose, certainty held roughly steady. Presser: 13.5 / 49.8.

Commitment in the statement

Commitment score: 14.9 (up from 12.4 at the previous meeting). Higher = more locked-in language vs. just describing the economy.

Certainty in the statement

Certainty score: 51.9 (little changed from 50.0 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 ID4553686d-67c3-4f79-8c28-aa8d0dcd052f
Hash4816790277aceafacaab80b00f0e33f7061ea7ec0dbd5b99941aa4fd8fc9537f
Signaturee29b980aba785be9…d7241983929cf3ea
Sealed at2026-09-18T07:00:09.397Z
Scorer versionsentinel-app/0.1.0

Read the source

FOMC statementPress conference transcript

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