Fed Chair Powell Affirms Independence, Cautiously Cuts Interest Rates
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence, emphasizing its crucial role in serving all Americans, while cautiously cutting interest rates given the improving economy, despite past criticism from President-elect Trump.
Fed Chair Powell Affirms Independence, Cautiously Cuts Interest Rates
Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to independence from political influence, emphasizing its crucial role in serving all Americans, while cautiously cutting interest rates given the improving economy, despite past criticism from President-elect Trump.
Progress
40% Bias Score
2025 Mortgage Rate Predictions: Uncertainty and Strategies for Homebuyers
Mortgage rates averaged 6.93% in late 2024, following a brief dip to 6.15% in September; experts predict various scenarios for 2025, influenced by Federal Reserve policies, inflation, and global events, advising buyers to prioritize financial readiness over precise rate timing.
2025 Mortgage Rate Predictions: Uncertainty and Strategies for Homebuyers
Mortgage rates averaged 6.93% in late 2024, following a brief dip to 6.15% in September; experts predict various scenarios for 2025, influenced by Federal Reserve policies, inflation, and global events, advising buyers to prioritize financial readiness over precise rate timing.
Progress
36% Bias Score
Home Equity Loan Rates: Factors, Strategies, and Future Outlook
The average homeowner has \$320,000 in home equity, accessible through loans with rates lower than credit cards or personal loans; however, rates vary based on credit scores, loan-to-value ratio, and market conditions.
Home Equity Loan Rates: Factors, Strategies, and Future Outlook
The average homeowner has \$320,000 in home equity, accessible through loans with rates lower than credit cards or personal loans; however, rates vary based on credit scores, loan-to-value ratio, and market conditions.
Progress
32% Bias Score
Trump amenaza con aranceles que podrían impulsar la inflación
El presidente electo de EE. UU., Donald Trump, amenaza con imponer aranceles del 25% a México y Canadá, y un 10% adicional a los productos chinos a partir del 20 de enero, lo que podría aumentar la inflación y afectar a US\$1,5 billones en productos.
Trump amenaza con aranceles que podrían impulsar la inflación
El presidente electo de EE. UU., Donald Trump, amenaza con imponer aranceles del 25% a México y Canadá, y un 10% adicional a los productos chinos a partir del 20 de enero, lo que podría aumentar la inflación y afectar a US\$1,5 billones en productos.
Progress
36% Bias Score
Trump-Powell Economic Clash Looms in 2025
Potential conflict between President Trump and Federal Reserve Chair Jerome Powell in 2025 due to differing economic policies and views on inflation and interest rates.
Trump-Powell Economic Clash Looms in 2025
Potential conflict between President Trump and Federal Reserve Chair Jerome Powell in 2025 due to differing economic policies and views on inflation and interest rates.
Progress
36% Bias Score
Trump's Tariffs: Walmart Warns of Price Hikes
Walmart warns of price hikes due to Trump's proposed tariffs, economists predict significant inflation, and the Federal Reserve faces challenges.
Trump's Tariffs: Walmart Warns of Price Hikes
Walmart warns of price hikes due to Trump's proposed tariffs, economists predict significant inflation, and the Federal Reserve faces challenges.
Progress
40% Bias Score
Powell Rejects Trump's Criticism, Reaffirms Fed Independence
Federal Reserve Chair Jerome Powell addressed President-elect Trump's past criticism, agreeing with the prestige of the position but rejecting the suggestion that it requires minimal work and emphasizing the Fed's independence from political influence.
Powell Rejects Trump's Criticism, Reaffirms Fed Independence
Federal Reserve Chair Jerome Powell addressed President-elect Trump's past criticism, agreeing with the prestige of the position but rejecting the suggestion that it requires minimal work and emphasizing the Fed's independence from political influence.
Progress
36% Bias Score
Mortgage Rate Forecast: Stability Expected in December 2024
Experts predict mortgage rates will remain stable between 6.875% and 7.125% in December 2024, influenced by inflation concerns and the uncertainty surrounding the new administration's economic policies; however, a slight decrease is possible if unemployment increases.
Mortgage Rate Forecast: Stability Expected in December 2024
Experts predict mortgage rates will remain stable between 6.875% and 7.125% in December 2024, influenced by inflation concerns and the uncertainty surrounding the new administration's economic policies; however, a slight decrease is possible if unemployment increases.
Progress
36% Bias Score
Fed Signals Potential Further Interest Rate Cuts Amidst Uncertainty
Federal Reserve officials hinted at potential further interest rate cuts to combat inflation, but emphasized data-driven decisions and expressed caution due to uncertainties surrounding incoming economic reports and the new administration's policies.
Fed Signals Potential Further Interest Rate Cuts Amidst Uncertainty
Federal Reserve officials hinted at potential further interest rate cuts to combat inflation, but emphasized data-driven decisions and expressed caution due to uncertainties surrounding incoming economic reports and the new administration's policies.
Progress
36% Bias Score
Trump Announces Key Cabinet Appointments
Donald Trump announces key appointments for his potential presidency, including Scott Bessent for Secretary of the Treasury, Russell Thurlow Vought for Director of the Office of Management and Budget, and Lori Chavez-DeRemer for Secretary of Labor.
Trump Announces Key Cabinet Appointments
Donald Trump announces key appointments for his potential presidency, including Scott Bessent for Secretary of the Treasury, Russell Thurlow Vought for Director of the Office of Management and Budget, and Lori Chavez-DeRemer for Secretary of Labor.
Progress
40% Bias Score
Stock Market as a Check on Trump's Policies
Analysis of potential constraints on Donald Trump's economic policies during his second term, focusing on the influence of the stock market.
Stock Market as a Check on Trump's Policies
Analysis of potential constraints on Donald Trump's economic policies during his second term, focusing on the influence of the stock market.
Progress
48% Bias Score
US Stock Futures Mixed Amidst Earnings and Policy Uncertainty
US stock futures are mixed due to uncertainty surrounding corporate earnings, particularly from Nvidia, and the Federal Reserve's stance on rate cuts. Other factors include President-elect Trump's cabinet appointments.
US Stock Futures Mixed Amidst Earnings and Policy Uncertainty
US stock futures are mixed due to uncertainty surrounding corporate earnings, particularly from Nvidia, and the Federal Reserve's stance on rate cuts. Other factors include President-elect Trump's cabinet appointments.
Progress
36% Bias Score