Fed Cuts Interest Rate Amid Rising Inflation, Trump Uncertainty
The Federal Reserve lowered its key interest rate by 0.25 percentage points to 4.25-4.5 percent, its third consecutive cut, despite rising inflation; it anticipates a 3.9 percent rate by 2025, and factors like Donald Trump's economic plans are adding uncertainty.
Fed Cuts Interest Rate Amid Rising Inflation, Trump Uncertainty
The Federal Reserve lowered its key interest rate by 0.25 percentage points to 4.25-4.5 percent, its third consecutive cut, despite rising inflation; it anticipates a 3.9 percent rate by 2025, and factors like Donald Trump's economic plans are adding uncertainty.
Progress
36% Bias Score
Fed Cuts Rates Amid Persistent Inflation, Uncertainty Over Trump Presidency
The US Federal Reserve lowered interest rates by 0.25 percentage points to a range of 4.25%-4.5% on Wednesday, citing persistent inflation despite a strong job market adding 227,000 jobs in November, in its last rate decision before Donald Trump's presidency.
Fed Cuts Rates Amid Persistent Inflation, Uncertainty Over Trump Presidency
The US Federal Reserve lowered interest rates by 0.25 percentage points to a range of 4.25%-4.5% on Wednesday, citing persistent inflation despite a strong job market adding 227,000 jobs in November, in its last rate decision before Donald Trump's presidency.
Progress
32% Bias Score
Fed Cuts Rates, Signals Slower Pace of Future Reductions
The Federal Reserve reduced interest rates by a quarter-point for the third time, but projected only two more quarter-point rate cuts in 2025, reflecting a more cautious approach due to persistent inflation and economic uncertainty.
Fed Cuts Rates, Signals Slower Pace of Future Reductions
The Federal Reserve reduced interest rates by a quarter-point for the third time, but projected only two more quarter-point rate cuts in 2025, reflecting a more cautious approach due to persistent inflation and economic uncertainty.
Progress
44% Bias Score
Mortgage Rates Rise, Demand Dips
Last week's increase in the average 30-year fixed-rate mortgage to 6.75% led to a 0.7% decrease in total mortgage applications, the first decline in five weeks; however, purchase applications increased by 1%, exceeding last year's numbers.
Mortgage Rates Rise, Demand Dips
Last week's increase in the average 30-year fixed-rate mortgage to 6.75% led to a 0.7% decrease in total mortgage applications, the first decline in five weeks; however, purchase applications increased by 1%, exceeding last year's numbers.
Progress
36% Bias Score
Oil Prices Fall Amid Weak Chinese Data and Fed Rate Decision
Oil prices fell on Tuesday, with Brent crude at $73.13 and WTI at $69.88 per barrel, due to weak Chinese economic data, profit-taking, and investor caution ahead of the Fed's interest rate decision. The IEA projects a 950,000 bpd supply surplus next year.
Oil Prices Fall Amid Weak Chinese Data and Fed Rate Decision
Oil prices fell on Tuesday, with Brent crude at $73.13 and WTI at $69.88 per barrel, due to weak Chinese economic data, profit-taking, and investor caution ahead of the Fed's interest rate decision. The IEA projects a 950,000 bpd supply surplus next year.
Progress
36% Bias Score
Inflation Nowcast at 2.9% May Signal Fewer Interest Rate Cuts in 2025
The nowcast for the December 2024 Consumer Price Index shows headline inflation at 2.9%, exceeding November's 2.7%, while core inflation remains at 3.3%; this data, coupled with a robust jobs market, may influence the Federal Reserve's interest rate decisions in 2025.
Inflation Nowcast at 2.9% May Signal Fewer Interest Rate Cuts in 2025
The nowcast for the December 2024 Consumer Price Index shows headline inflation at 2.9%, exceeding November's 2.7%, while core inflation remains at 3.3%; this data, coupled with a robust jobs market, may influence the Federal Reserve's interest rate decisions in 2025.
Progress
44% Bias Score
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Persistent Inflation
The Federal Reserve cut interest rates by 0.25 percentage points to 4.25-4.5 percent on Wednesday, signaling a slower pace of cuts in 2025 due to persistent inflation (2.8 percent in October) and robust economic growth, causing a 0.51 percent drop in the S&P 500.
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Persistent Inflation
The Federal Reserve cut interest rates by 0.25 percentage points to 4.25-4.5 percent on Wednesday, signaling a slower pace of cuts in 2025 due to persistent inflation (2.8 percent in October) and robust economic growth, causing a 0.51 percent drop in the S&P 500.
Progress
32% Bias Score
Fed's Reduced Rate Cut Projections Trigger Stock Market Dip
Following the Federal Reserve's announcement of fewer interest rate cuts in 2024 than previously expected, US stock indexes fell, with the S&P 500 dropping 0.3 percent, the Dow Jones losing 38 points, and the Nasdaq composite slipping 0.4 percent; the Australian dollar also fell sharply by 1.4 perce...
Fed's Reduced Rate Cut Projections Trigger Stock Market Dip
Following the Federal Reserve's announcement of fewer interest rate cuts in 2024 than previously expected, US stock indexes fell, with the S&P 500 dropping 0.3 percent, the Dow Jones losing 38 points, and the Nasdaq composite slipping 0.4 percent; the Australian dollar also fell sharply by 1.4 perce...
Progress
36% Bias Score
KOSPI Jumps 1.12% on Foreign Investment in Tech Stocks
On December 18th, Seoul's KOSPI index increased by 1.12 percent to 2,484.43, boosted by foreign investors buying tech stocks after a two-day decline; the Korean won strengthened against the US dollar, and bond yields fell.
KOSPI Jumps 1.12% on Foreign Investment in Tech Stocks
On December 18th, Seoul's KOSPI index increased by 1.12 percent to 2,484.43, boosted by foreign investors buying tech stocks after a two-day decline; the Korean won strengthened against the US dollar, and bond yields fell.
Progress
40% Bias Score
US Markets Rise on Fed Rate Cut Anticipation
US stock markets saw gains led by technology, with the S&P 500 up 0.3%, Dow Jones up 0.2%, and Nasdaq up 0.5%; this is fueled by anticipation of a Fed interest rate cut on Wednesday and strong corporate earnings, while Asian and European markets showed slight declines.
US Markets Rise on Fed Rate Cut Anticipation
US stock markets saw gains led by technology, with the S&P 500 up 0.3%, Dow Jones up 0.2%, and Nasdaq up 0.5%; this is fueled by anticipation of a Fed interest rate cut on Wednesday and strong corporate earnings, while Asian and European markets showed slight declines.
Progress
36% Bias Score
Dow Jones Suffers Longest Losing Streak Since 1978
The Dow Jones Industrial Average is experiencing its longest losing streak since February 1978, currently at eight consecutive days, primarily due to UnitedHealthcare's significant losses and investor uncertainty surrounding President-elect Trump's policies; however, the Nasdaq is performing strongl...
Dow Jones Suffers Longest Losing Streak Since 1978
The Dow Jones Industrial Average is experiencing its longest losing streak since February 1978, currently at eight consecutive days, primarily due to UnitedHealthcare's significant losses and investor uncertainty surrounding President-elect Trump's policies; however, the Nasdaq is performing strongl...
Progress
48% Bias Score
US Stocks Dip Slightly Amidst Record Highs, Nvidia Slowdown
US stock indexes fell slightly today, while the Australian market is poised for a small gain; Nvidia's stock declined sharply, contributing to the US downturn; fund managers hold low cash reserves, and the Federal Reserve may pause interest rate cuts based on recent economic data.
US Stocks Dip Slightly Amidst Record Highs, Nvidia Slowdown
US stock indexes fell slightly today, while the Australian market is poised for a small gain; Nvidia's stock declined sharply, contributing to the US downturn; fund managers hold low cash reserves, and the Federal Reserve may pause interest rate cuts based on recent economic data.
Progress
32% Bias Score