Fed Cuts Interest Rates Amid Inflation Concerns and Trump's Economic Plans
The US Federal Reserve lowered its key interest rate by 0.25 percentage points to 4.25-4.50 percent on Wednesday, its third rate cut this year, despite a recent slight rise in inflation and uncertainty caused by incoming President Trump's announced economic plans, including potential tariffs.
Fed Cuts Interest Rates Amid Inflation Concerns and Trump's Economic Plans
The US Federal Reserve lowered its key interest rate by 0.25 percentage points to 4.25-4.50 percent on Wednesday, its third rate cut this year, despite a recent slight rise in inflation and uncertainty caused by incoming President Trump's announced economic plans, including potential tariffs.
Progress
40% Bias Score
Fed Cuts Rates, but Signals Slower Cuts Ahead Amid Inflation Concerns
The Federal Reserve lowered US interest rates to 4.25-4.5 percent on December 19, 2025, a smaller cut than anticipated due to concerns over inflation and the impact of President Trump's economic policies; the Bank of England is expected to keep rates unchanged.
Fed Cuts Rates, but Signals Slower Cuts Ahead Amid Inflation Concerns
The Federal Reserve lowered US interest rates to 4.25-4.5 percent on December 19, 2025, a smaller cut than anticipated due to concerns over inflation and the impact of President Trump's economic policies; the Bank of England is expected to keep rates unchanged.
Progress
52% Bias Score
EPA Upholds California's 2035 Gas Car Ban
The EPA approved California's plan to ban the sale of new gas-powered cars by 2035, despite objections from automakers who say it is not feasible and will limit consumer choice; the decision is expected to be challenged by President-Elect Trump.
EPA Upholds California's 2035 Gas Car Ban
The EPA approved California's plan to ban the sale of new gas-powered cars by 2035, despite objections from automakers who say it is not feasible and will limit consumer choice; the decision is expected to be challenged by President-Elect Trump.
Progress
56% Bias Score
Republican Revolt Over Spending Bill Threatens Government Shutdown
House Speaker Mike Johnson faces a Republican revolt over a last-minute spending bill to avert a government shutdown, which includes $110 billion in disaster aid and a congressional pay raise, drawing opposition from President-elect Trump and others, with a Friday deadline looming.
Republican Revolt Over Spending Bill Threatens Government Shutdown
House Speaker Mike Johnson faces a Republican revolt over a last-minute spending bill to avert a government shutdown, which includes $110 billion in disaster aid and a congressional pay raise, drawing opposition from President-elect Trump and others, with a Friday deadline looming.
Progress
64% Bias Score
Trump Kills Bipartisan Spending Bill, Raising Shutdown Risk
President-elect Trump and Vice President-elect Vance rejected a bipartisan government funding bill negotiated by House Speaker Mike Johnson, risking a government shutdown before Christmas due to their hardline stance against Democratic priorities and a demand to link a debt ceiling increase to spend...
Trump Kills Bipartisan Spending Bill, Raising Shutdown Risk
President-elect Trump and Vice President-elect Vance rejected a bipartisan government funding bill negotiated by House Speaker Mike Johnson, risking a government shutdown before Christmas due to their hardline stance against Democratic priorities and a demand to link a debt ceiling increase to spend...
Progress
56% Bias Score
Biden Faces Friday Deadline to Prevent US Government Shutdown
To avoid a government shutdown on Saturday, US President Biden must sign a spending bill by Friday; otherwise, many government agencies will face operational standstills, and thousands of employees will be left unpaid, mirroring the 2018-2019 shutdown under Trump's presidency, which lasted for over ...
Biden Faces Friday Deadline to Prevent US Government Shutdown
To avoid a government shutdown on Saturday, US President Biden must sign a spending bill by Friday; otherwise, many government agencies will face operational standstills, and thousands of employees will be left unpaid, mirroring the 2018-2019 shutdown under Trump's presidency, which lasted for over ...
Progress
44% Bias Score
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Economic Uncertainty
The US Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25% to 4.5% on Wednesday, signaling a slower pace of future cuts due to uncertainty surrounding the incoming Trump administration and higher inflation expectations; Cleveland Fed President Beth Hammack dissented.
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Economic Uncertainty
The US Federal Reserve cut interest rates by 0.25 percentage points to a range of 4.25% to 4.5% on Wednesday, signaling a slower pace of future cuts due to uncertainty surrounding the incoming Trump administration and higher inflation expectations; Cleveland Fed President Beth Hammack dissented.
Progress
44% Bias Score
Trump, Vance Urge Rejection of GOP Spending Plan, Risk Shutdown
Donald Trump and VP-elect J.D. Vance urged Republicans to reject House Speaker Mike Johnson's 1600-page government funding plan, which includes disaster relief, anti-China funding, and congressional pay raises, risking a government shutdown unless a \"clean CR\" is passed; Elon Musk also criticized ...
Trump, Vance Urge Rejection of GOP Spending Plan, Risk Shutdown
Donald Trump and VP-elect J.D. Vance urged Republicans to reject House Speaker Mike Johnson's 1600-page government funding plan, which includes disaster relief, anti-China funding, and congressional pay raises, risking a government shutdown unless a \"clean CR\" is passed; Elon Musk also criticized ...
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's Inflation Concerns Trigger Stock Market Plunge
Major US stock indices experienced significant declines Wednesday after the Federal Reserve indicated a slower pace of interest rate cuts for 2025 than previously expected, citing concerns about inflation remaining above the 2% target into 2026. The S&P 500 fell 2.4%, the Nasdaq Composite dropped ne...
Fed's Inflation Concerns Trigger Stock Market Plunge
Major US stock indices experienced significant declines Wednesday after the Federal Reserve indicated a slower pace of interest rate cuts for 2025 than previously expected, citing concerns about inflation remaining above the 2% target into 2026. The S&P 500 fell 2.4%, the Nasdaq Composite dropped ne...
Progress
44% Bias Score
Fed Cuts Interest Rates for Third Time, Despite Strong Economy
The Federal Reserve implemented a 0.25 percentage point interest rate cut on Wednesday, lowering the benchmark rate to 4.25%-4.5%, marking the third such reduction since September in an attempt to balance economic growth with elevated inflation; however, one official dissented.
Fed Cuts Interest Rates for Third Time, Despite Strong Economy
The Federal Reserve implemented a 0.25 percentage point interest rate cut on Wednesday, lowering the benchmark rate to 4.25%-4.5%, marking the third such reduction since September in an attempt to balance economic growth with elevated inflation; however, one official dissented.
Progress
48% Bias Score
Trump Blocks Spending Bill, Risks Government Shutdown
President-elect Donald Trump is blocking a bipartisan spending bill, risking a government shutdown unless President Biden signs it by Friday; this follows a deal between Democrats and Republicans and criticism from Elon Musk; Trump also wants the debt ceiling raised before his term begins.
Trump Blocks Spending Bill, Risks Government Shutdown
President-elect Donald Trump is blocking a bipartisan spending bill, risking a government shutdown unless President Biden signs it by Friday; this follows a deal between Democrats and Republicans and criticism from Elon Musk; Trump also wants the debt ceiling raised before his term begins.
Progress
48% Bias Score