Narrative Analysis - Report

Key Focus

  • In particular, despite progress, joblessness continues to fall disproportionately on lower-wage workers in the service sector and on African Americans and Hispanics.. . The Fed pursues monetary policy aimed at fostering a strong, stable economy that can improve economic outcomes for all Americans
  • No momentum supporting factor found

    Challenge supporting factors

  • (vaccinations,unemployment)
  • Work-in-progress supporting factors

  • (economy,fed,workers)
  • (economy,monetary,workers)
  • (economy,policy,monetary,workers)
  • (economy,policy,workers)
  • (economy,service,fed,workers)
  • (economy,service,workers)
  • (economy,workers)
  • (economy,service,fed,recovery)
  • (economy,service,recovery)
  • (economy,fed,policy)
  • Narrative Summary - REPORT


    Time PeriodChallengeMomentumWIP
    Report0.50 0.00 99.50

    High Level Abstraction (HLA) combined

    High Level Abstraction (HLA)Report
    (1) (economy,fed,workers)100.00
    (2) (economy,monetary,workers)96.64
    (3) (economy,policy,monetary,workers)94.63
    (4) (economy,policy,workers)91.95
    (5) (economy,service,fed,workers)88.26
    (6) (economy,service,workers)87.58
    (7) (economy,workers)87.25
    (8) (economy,service,fed,recovery)83.89
    (9) (economy,service,recovery)82.89
    (10) (economy,fed,policy)80.20
    (11) (economy,service,fed,policy)75.84
    (12) (economy,service,policy)73.83
    (13) (economy,fed,outcomes)71.48
    (14) (economy,monetary,outcomes)68.79
    (15) (economy,policy,monetary,outcomes)65.10
    (16) (economy,policy,outcomes)62.08
    (17) (economy,service,fed,outcomes)59.73
    (18) (economy,service,outcomes)57.05
    (19) (economy,fed,monetary)56.04
    (20) (economy,service,fed,monetary)51.68
    (21) (economy,service,monetary)46.31
    (22) (economy,fed,lower-wage)45.30
    (23) (economy,monetary,lower-wage)41.28
    (24) (economy,policy,lower-wage)39.26
    (25) (economy,policy,monetary,lower-wage)38.26
    (26) (economy,service,fed,lower-wage)36.91
    (27) (economy,service,lower-wage)32.21
    (28) (economy,recovery,vaccinations)31.54
    (29) (economy,recovery,policy)30.87
    (30) (economy,recovery,monetary)27.18
    (31) (recovery,monetary)25.50
    (32) (economy,recovery,fed)22.48
    (33) (economy,monetary,vaccinations)18.46
    (34) (economy,policy,monetary,vaccinations)16.11
    (35) (economy,policy,vaccinations)13.09
    (36) (economy,vaccinations)12.08
    (37) (economy,policy,monetary,service)10.74
    (38) (economy,policy,monetary,recovery)7.72
    (39) (vaccinations,recovery)4.70
    (40) (economy,talf)4.36
    (41) (vaccinations,unemployment)4.03
    (42) (vaccinations,risks)3.69
    (43) (vaccinations,policy)3.36
    (44) (vaccinations,pandemic-related)3.02
    (45) (vaccinations,outlook)2.68
    (46) (vaccinations,monetary)2.35
    (47) (recovery,keep)2.01
    (48) (recovery,yields)1.68
    (49) (recovery,workers)1.34
    (50) (recovery,treasury)1.01
    (51) (recovery,track)0.67
    (52) (recovery,policy)0.34

    Narrative Analysis - REPORT

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    Supporting narratives:

    Please refer to knowledge diagram for a complete set of supporting narratives.

    • challenge (Read more) - Back to HLA
      • The unemployment rate remained elevated in May at 5.8 percent, and this figure understates the shortfall in employment, particularly as participation in the labor market has not moved up from the low rates that have prevailed for most of the past year
      • High Level Abstractions:
        • (vaccinations,unemployment)

    • WIP (Read more) - Back to HLA
      • In particular, despite progress, joblessness continues to fall disproportionately on lower-wage workers in the service sector and on African Americans and Hispanics.. . The Fed pursues monetary policy aimed at fostering a strong, stable economy that can improve economic outcomes for all Americans
      • High Level Abstractions:
        • (economy,service,fed,workers)
        • (economy,service,fed,policy)
        • (economy,service,workers)
        • (economy,fed,workers)
        • (economy,policy,monetary,service)
        • (economy,monetary,workers)
        • (economy,fed,policy)
        • (economy,fed,monetary)
        • (economy,service,policy)
        • (economy,workers)
        • (economy,service,monetary)
        • (economy,policy,monetary,workers)
        • (economy,policy,workers)
        • (economy,service,fed,monetary)
        • Inferred entity relationships (26)
        • (economy,monetary,outcomes) [inferred]
        • (economy,monetary,policy,workers) [inferred]
        • (economy,fed,recovery) [inferred]
        • (economy,fed,workers) [inferred]
        • (economy,monetary,policy,vaccinations) [inferred]
        • (economy,monetary,recovery) [inferred]
        • (economy,policy,workers) [inferred]
        • (economy,fed,recovery,service) [inferred]
        • (economy,monetary,vaccinations) [inferred]
        • (economy,fed,outcomes) [inferred]
        • (economy,monetary,policy,service) [inferred]
        • (economy,fed,policy) [inferred]
        • (economy,monetary,service) [inferred]
        • (economy,fed,monetary,service) [inferred]
        • (economy,fed,outcomes,service) [inferred]
        • (economy,fed,lower-wage,service) [inferred]
        • (economy,fed,service,workers) [inferred]
        • (economy,policy,recovery) [inferred]
        • (economy,fed,policy,service) [inferred]
        • (economy,monetary,outcomes,policy) [inferred]
        • (economy,fed,monetary) [inferred]
        • (economy,monetary,policy,recovery) [inferred]
        • (economy,policy,service) [inferred]
        • (economy,monetary,workers) [inferred]
        • (economy,policy,vaccinations) [inferred]
        • (economy,fed,lower-wage) [inferred]

    • WIP (Read more) - Back to HLA
      • We at the Fed will do everything we can to support the economy for as long as it takes to complete the recovery.
      • High Level Abstractions:
        • (economy,service,fed,recovery)
        • (economy,service,recovery)
        • Inferred entity relationships (12)
        • (economy,fed,lower-wage,service) [inferred]
        • (economy,fed,service,workers) [inferred]
        • (economy,fed,recovery) [inferred]
        • (economy,fed,workers) [inferred]
        • (economy,recovery,vaccinations) [inferred]
        • (economy,fed,policy,service) [inferred]
        • (economy,fed,monetary) [inferred]
        • (economy,fed,outcomes) [inferred]
        • (economy,fed,lower-wage) [inferred]
        • (economy,fed,policy) [inferred]
        • (economy,fed,monetary,service) [inferred]
        • (economy,fed,outcomes,service) [inferred]

    • WIP (Read more) - Back to HLA
      • The Fed pursues monetary policy aimed at fostering a strong, stable economy that can improve economic outcomes for all Americans.
      • High Level Abstractions:
        • (economy,fed,outcomes)
        • (economy,policy,monetary,outcomes)
        • (economy,service,outcomes)
        • (economy,policy,outcomes)
        • (economy,monetary,outcomes)
        • (economy,service,fed,outcomes)
        • Inferred entity relationships (24)
        • (economy,monetary,outcomes) [inferred]
        • (economy,monetary,policy,workers) [inferred]
        • (economy,fed,recovery) [inferred]
        • (economy,fed,workers) [inferred]
        • (economy,monetary,policy,vaccinations) [inferred]
        • (economy,monetary,recovery) [inferred]
        • (economy,fed,recovery,service) [inferred]
        • (economy,monetary,vaccinations) [inferred]
        • (economy,fed,outcomes) [inferred]
        • (economy,monetary,policy,service) [inferred]
        • (economy,fed,policy) [inferred]
        • (economy,monetary,service) [inferred]
        • (economy,fed,monetary,service) [inferred]
        • (economy,fed,outcomes,service) [inferred]
        • (economy,outcomes,service) [inferred]
        • (economy,fed,lower-wage,service) [inferred]
        • (economy,fed,service,workers) [inferred]
        • (economy,outcomes,policy) [inferred]
        • (economy,fed,policy,service) [inferred]
        • (economy,monetary,outcomes,policy) [inferred]
        • (economy,fed,monetary) [inferred]
        • (economy,monetary,policy,recovery) [inferred]
        • (economy,monetary,workers) [inferred]
        • (economy,fed,lower-wage) [inferred]

    • WIP (Read more) - Back to HLA
      • In particular, despite progress, joblessness continues to fall disproportionately on lower-wage workers in the service sector and on African Americans and Hispanics.
      • High Level Abstractions:
        • (economy,fed,lower-wage)
        • (economy,policy,monetary,lower-wage)
        • (economy,monetary,lower-wage)
        • (economy,policy,lower-wage)
        • (economy,service,fed,lower-wage)
        • (economy,service,lower-wage)
        • Inferred entity relationships (16)
        • (economy,fed,lower-wage,service) [inferred]
        • (economy,fed,service,workers) [inferred]
        • (economy,fed,recovery) [inferred]
        • (economy,fed,workers) [inferred]
        • (economy,lower-wage,monetary) [inferred]
        • (economy,fed,policy,service) [inferred]
        • (economy,fed,monetary) [inferred]
        • (economy,lower-wage,service) [inferred]
        • (economy,lower-wage,policy) [inferred]
        • (economy,fed,recovery,service) [inferred]
        • (economy,fed,outcomes) [inferred]
        • (economy,lower-wage,monetary,policy) [inferred]
        • (economy,fed,policy) [inferred]
        • (economy,fed,lower-wage) [inferred]
        • (economy,fed,monetary,service) [inferred]
        • (economy,fed,outcomes,service) [inferred]

    • WIP (Read more) - Back to HLA
      • Widespread vaccinations have joined unprecedented monetary and fiscal policy actions in providing strong support to the recovery
      • High Level Abstractions:
        • (economy,recovery,vaccinations)
        • (recovery,monetary)
        • (economy,recovery,monetary)
        • Inferred entity relationships (12)
        • (economy,monetary,outcomes) [inferred]
        • (economy,monetary,policy,workers) [inferred]
        • (recovery,vaccinations) [inferred]
        • (economy,monetary,policy,vaccinations) [inferred]
        • (economy,monetary,outcomes,policy) [inferred]
        • (economy,monetary,policy,recovery) [inferred]
        • (monetary,recovery) [inferred]
        • (economy,monetary,workers) [inferred]
        • (economy,recovery,service) [inferred]
        • (economy,monetary,vaccinations) [inferred]
        • (economy,monetary,policy,service) [inferred]
        • (economy,monetary,service) [inferred]

    • WIP (Read more) - Back to HLA
      • Widespread vaccinations have joined unprecedented monetary and fiscal policy actions in providing strong support to the recovery.
      • High Level Abstractions:
        • (economy,policy,monetary,recovery)
        • (vaccinations,recovery)
        • (economy,recovery,policy)
        • Inferred entity relationships (13)
        • (policy,recovery) [inferred]
        • (economy,monetary,outcomes) [inferred]
        • (economy,monetary,policy,workers) [inferred]
        • (economy,monetary,policy,vaccinations) [inferred]
        • (economy,monetary,recovery) [inferred]
        • (economy,monetary,outcomes,policy) [inferred]
        • (economy,policy,workers) [inferred]
        • (economy,policy,service) [inferred]
        • (economy,monetary,workers) [inferred]
        • (economy,monetary,vaccinations) [inferred]
        • (economy,policy,vaccinations) [inferred]
        • (economy,monetary,policy,service) [inferred]
        • (economy,monetary,service) [inferred]

    • WIP (Read more) - Back to HLA
      • We at the Fed will do everything we can to support the economy for as long as it takes to complete the recovery
      • High Level Abstractions:
        • (economy,recovery,fed)
        • Inferred entity relationships (11)
        • (economy,fed,lower-wage,service) [inferred]
        • (economy,fed,service,workers) [inferred]
        • (economy,fed,workers) [inferred]
        • (economy,fed,policy,service) [inferred]
        • (economy,fed,monetary) [inferred]
        • (economy,fed,recovery,service) [inferred]
        • (economy,fed,outcomes) [inferred]
        • (economy,fed,lower-wage) [inferred]
        • (economy,fed,policy) [inferred]
        • (economy,fed,monetary,service) [inferred]
        • (economy,fed,outcomes,service) [inferred]

    • WIP (Read more) - Back to HLA
      • Since we last met, the economy has shown sustained improvement. Widespread vaccinations have joined unprecedented monetary and fiscal policy actions in providing strong support to the recovery
      • High Level Abstractions:
        • (vaccinations,monetary)
        • (economy,policy,monetary,vaccinations)
        • (economy,monetary,vaccinations)
        • (economy,policy,vaccinations)
        • (economy,vaccinations)
        • Inferred entity relationships (15)
        • (economy,monetary,outcomes) [inferred]
        • (economy,monetary,policy,workers) [inferred]
        • (economy,monetary,policy,vaccinations) [inferred]
        • (economy,monetary,recovery) [inferred]
        • (economy,policy,recovery) [inferred]
        • (economy,monetary,outcomes,policy) [inferred]
        • (economy,monetary,policy,recovery) [inferred]
        • (economy,policy,workers) [inferred]
        • (policy,vaccinations) [inferred]
        • (economy,policy,service) [inferred]
        • (economy,monetary,workers) [inferred]
        • (economy,monetary,vaccinations) [inferred]
        • (economy,monetary,policy,service) [inferred]
        • (monetary,vaccinations) [inferred]
        • (economy,monetary,service) [inferred]

    • WIP (Read more) - Back to HLA
      • Ultimately, the TALF helped promote the longer-term, market-based financing that is critical to the real economy
      • High Level Abstractions:
        • (economy,talf)

    • WIP (Read more) - Back to HLA
      • The pandemic continues to pose risks to the economic outlook. Progress on vaccinations has limited the spread of COVID-19 and will likely continue to reduce the effects of the public health crisis on the economy
      • High Level Abstractions:
        • (vaccinations,risks)
        • (vaccinations,outlook)

    • WIP (Read more) - Back to HLA
      • Since we last met, the economy has shown sustained improvement. Widespread vaccinations have joined unprecedented monetary and fiscal policy actions in providing strong support to the recovery.
      • High Level Abstractions:
        • (vaccinations,policy)

    • WIP (Read more) - Back to HLA
      • Job gains should pick up in coming months as vaccinations rise, easing some of the pandemic-related factors currently weighing them down.
      • High Level Abstractions:
        • (vaccinations,pandemic-related)

    • WIP (Read more) - Back to HLA
      • This, in turn, helped keep organizations from shuttering and put employers in a better position to keep workers on and to hire them back as the recovery continues.
      • High Level Abstractions:
        • (recovery,keep)

    • WIP (Read more) - Back to HLA
      • Note: Spreads on municipal bonds are relative to comparable-maturity Treasury yields.
      • High Level Abstractions:
        • (recovery,yields)

    • WIP (Read more) - Back to HLA
      • This, in turn, helped keep organizations from shuttering and put employers in a better position to keep workers on and to hire them back as the recovery continues.. . Our facilities were designed as backstops to private credit markets, not as replacements
      • High Level Abstractions:
        • (recovery,workers)

    • WIP (Read more) - Back to HLA
      • I look forward to your questions.. . Note: Spreads on municipal bonds are relative to comparable-maturity Treasury yields.
      • High Level Abstractions:
        • (recovery,treasury)

    • WIP (Read more) - Back to HLA
      • Indicators of economic activity and employment have continued to strengthen, and real GDP this year appears to be on track to post its fastest rate of increase in decades.
      • High Level Abstractions:
        • (recovery,track)

    • WIP (Read more) - Back to HLA
      • Widespread vaccinations have joined unprecedented monetary and fiscal policy actions in providing strong support to the recovery. Indicators of economic activity and employment have continued to strengthen, and real GDP this year appears to be on track to post its fastest rate of increase in decades
      • High Level Abstractions:
        • (recovery,policy)

    Target rule match count: 52.0 Challenge: 0.00 Momentum: 0.00 WIP: 0.50