Fed's Rate Cut Disappoints Investors, Triggers Market Downturn
The Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25%-4.5% on Wednesday, disappointing investors who anticipated more cuts after the Fed projected only two more rate cuts in 2025, down from four in September; this led to a sharp market downturn with the Dow Jones Indus...
Fed's Rate Cut Disappoints Investors, Triggers Market Downturn
The Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25%-4.5% on Wednesday, disappointing investors who anticipated more cuts after the Fed projected only two more rate cuts in 2025, down from four in September; this led to a sharp market downturn with the Dow Jones Indus...
Progress
52% Bias Score
Trump Opposes Spending Bill, Raising Shutdown Odds
President-elect Donald Trump and Vice President-elect JD Vance oppose a Republican-backed government funding bill, siding with Elon Musk, potentially causing a government shutdown before Christmas and jeopardizing House Speaker Mike Johnson's reelection.
Trump Opposes Spending Bill, Raising Shutdown Odds
President-elect Donald Trump and Vice President-elect JD Vance oppose a Republican-backed government funding bill, siding with Elon Musk, potentially causing a government shutdown before Christmas and jeopardizing House Speaker Mike Johnson's reelection.
Progress
60% Bias Score
Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move
The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...
Fed Rate Cut Weakens Yuan, Hong Kong Mirrors Move
The U.S. Federal Reserve cut its key interest rate by 25 basis points, causing the offshore yuan to weaken to 7.3218 against the dollar; the Hong Kong Monetary Authority also reduced its base rate by 25 basis points to 4.75%; China maintained its loan prime rates, while the market anticipates furthe...
Progress
32% Bias Score
Fed Rate Cut Triggers Market Sell-Off Despite Lower Borrowing Costs
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, but the Dow Jones Industrial Average dropped over 1000 points due to the Fed's revised dot plot indicating only two rate reductions expected in 2025, fewer than previously anticipated. This caused disappointment among...
Fed Rate Cut Triggers Market Sell-Off Despite Lower Borrowing Costs
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, but the Dow Jones Industrial Average dropped over 1000 points due to the Fed's revised dot plot indicating only two rate reductions expected in 2025, fewer than previously anticipated. This caused disappointment among...
Progress
40% Bias Score
Fed Rate Cut Disappoints Markets, Triggering Sharp Sell-Off
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, reducing its target range to 4.25%-4.5%, while revising its 2025 rate cut projections from four to two; this triggered a sharp sell-off in U.S. markets, which continued into Asia-Pacific markets; the Bank of Japan hel...
Fed Rate Cut Disappoints Markets, Triggering Sharp Sell-Off
The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, reducing its target range to 4.25%-4.5%, while revising its 2025 rate cut projections from four to two; this triggered a sharp sell-off in U.S. markets, which continued into Asia-Pacific markets; the Bank of Japan hel...
Progress
48% Bias Score
Stock Market Sell-Off: Yardeni Research Predicts Further Declines
On Wednesday, the stock market suffered a sharp decline following the Federal Reserve's lowered rate-cut projections; Yardeni Research predicts further market weakness due to potential tax deferrals, a possible dockworkers' strike, and President-elect Trump's protectionist trade policies.
Stock Market Sell-Off: Yardeni Research Predicts Further Declines
On Wednesday, the stock market suffered a sharp decline following the Federal Reserve's lowered rate-cut projections; Yardeni Research predicts further market weakness due to potential tax deferrals, a possible dockworkers' strike, and President-elect Trump's protectionist trade policies.
Progress
52% Bias Score
Tesla Stock Plunges 8% Amid Market Downturn and Musk's New Role
Tesla shares plummeted 8% on Wednesday, marking their steepest fall since before the 2020 election, despite remaining 75% up since Election Day and a record high last week; this coincided with a broader market decline and amid concerns about Elon Musk's new role in the Trump administration and an on...
Tesla Stock Plunges 8% Amid Market Downturn and Musk's New Role
Tesla shares plummeted 8% on Wednesday, marking their steepest fall since before the 2020 election, despite remaining 75% up since Election Day and a record high last week; this coincided with a broader market decline and amid concerns about Elon Musk's new role in the Trump administration and an on...
Progress
48% Bias Score
Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty
On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...
Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty
On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...
Progress
44% Bias Score
New Zealand Enters Recession as GDP Plunges 1.0%
New Zealand's economy experienced a sharper-than-expected 1.0% GDP contraction in the September quarter, marking a recession and prompting predictions of further interest rate cuts by the Reserve Bank of New Zealand, amid government concerns over the central bank's role.
New Zealand Enters Recession as GDP Plunges 1.0%
New Zealand's economy experienced a sharper-than-expected 1.0% GDP contraction in the September quarter, marking a recession and prompting predictions of further interest rate cuts by the Reserve Bank of New Zealand, amid government concerns over the central bank's role.
Progress
44% Bias Score
Fed's Revised Rate Cut Projection Triggers Wall Street Sell-off
Wall Street experienced a sell-off after the Federal Reserve projected fewer rate cuts in 2025 than previously anticipated, causing major indexes to decline as investors adjusted to a less dovish outlook and higher inflation.
Fed's Revised Rate Cut Projection Triggers Wall Street Sell-off
Wall Street experienced a sell-off after the Federal Reserve projected fewer rate cuts in 2025 than previously anticipated, causing major indexes to decline as investors adjusted to a less dovish outlook and higher inflation.
Progress
44% Bias Score
Cryptocurrency Prices Surge Amid Speculation and Regulatory Uncertainty
Bitcoin's price increased by 131% in 2024, while Dogecoin surged 296%, driven by speculation and anticipation of more favorable cryptocurrency regulations under the new presidential administration. However, this volatility makes cryptocurrencies risky assets, as highlighted by the recent losses incu...
Cryptocurrency Prices Surge Amid Speculation and Regulatory Uncertainty
Bitcoin's price increased by 131% in 2024, while Dogecoin surged 296%, driven by speculation and anticipation of more favorable cryptocurrency regulations under the new presidential administration. However, this volatility makes cryptocurrencies risky assets, as highlighted by the recent losses incu...
Progress
52% Bias Score
Fed's Hawkish Projections Send Gold Prices Lower, Despite Analysts' Positive Outlook for 2025
The Federal Reserve's unexpectedly hawkish interest rate projections jolted markets, causing gold prices to fall 2% to a one-month low despite analysts predicting continued support for the precious metal in 2025 due to increased central bank purchases and safe-haven demand.
Fed's Hawkish Projections Send Gold Prices Lower, Despite Analysts' Positive Outlook for 2025
The Federal Reserve's unexpectedly hawkish interest rate projections jolted markets, causing gold prices to fall 2% to a one-month low despite analysts predicting continued support for the precious metal in 2025 due to increased central bank purchases and safe-haven demand.
Progress
32% Bias Score