Tag #Federal Reserve

cnbc.com
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Strong Jobs Report Eliminates Rate Cut Expectations, Markets Fall

Stronger-than-expected November jobs data (256,000 jobs added, unemployment at 4.1%) and surging consumer inflation expectations (highest since 2008) eliminated market expectations of Federal Reserve rate cuts in 2024, leading to stock market declines (S&P 500 down 1.5%, Nasdaq down 2%).

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52% Bias Score

Decent Work and Economic Growth
forbes.com
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Strong December Jobs Report Dashes Hopes for January Fed Rate Cut

The December 2024 U.S. jobs report revealed a 256,000 net increase in non-farm payrolls, lowering the unemployment rate to 4.1% and significantly reducing the likelihood of a Federal Reserve interest rate cut in January 2025 due to elevated inflation and a strong labor market.

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52% Bias Score

Decent Work and Economic Growth
cnbc.com
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Markets Reopen, Wildfires Cause Billions in Losses, Delta Reports Strong Earnings

U.S. markets resumed trading after a day of mourning for Jimmy Carter, with stock futures slightly lower; devastating California wildfires may cause up to $50 billion in economic losses; Delta Air Lines reported strong Q4 results, and Donald Trump's request to block his hush-money case sentencing wa...

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48% Bias Score

Sustainable Cities and Communities
theglobeandmail.com
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Upcoming U.S. Inflation Data to Test Stock Markets

The January 15th release of the U.S. consumer price index (CPI) is expected to influence stock markets and Treasury yields, adding to concerns about inflation and the impact of President Trump's upcoming policies; a Reuters poll predicts a 0.3% monthly increase.

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52% Bias Score

Reduced Inequality
cbsnews.com
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Long-Term CDs More Beneficial Than Short-Term in Early 2025

High-yield CD accounts offer attractive interest rates in January 2025, but rates are expected to drop later in the year, making long-term CDs a more valuable option for those who can afford to lock their funds.

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48% Bias Score

Reduced Inequality
aljazeera.com
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Fed Cuts Rates but Signals Slower Pace Amid Inflation and Policy Uncertainty

On December 18th, the Federal Reserve lowered its key interest rate by 0.25 percent to 4.3 percent, but indicated a slower pace of future cuts due to persistent inflation (2.4 percent in November) and uncertainty about President-elect Trump's policies, with one official dissenting.

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44% Bias Score

Decent Work and Economic Growth
lefigaro.fr
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US Job Growth Soars in December, Defying Expectations

The US added 256,000 jobs in December 2023, defying analysts' predictions and lowering unemployment to 4.1%, exceeding expectations after a Boeing strike and hurricanes, and showing strong wage growth exceeding inflation.

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44% Bias Score

Decent Work and Economic Growth
cnbc.com
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Inflation Fears Trigger Stock Market Sell-Off

Worries about inflation are causing a stock market sell-off, with the Dow down over 500 points on Friday and the 10-year Treasury yield spiking above 4.7%; next week's inflation data will be key.

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60% Bias Score

Reduced Inequality
theglobeandmail.com
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U.S. Job Growth Accelerates, Defying Expectations and Potentially Halting Fed Rate Cuts

The U.S. added 256,000 jobs in December, exceeding expectations and lowering unemployment to 4.1%, leading to speculation that the Federal Reserve will maintain interest rates; this follows concerns about potential inflation under the incoming Trump administration.

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40% Bias Score

Decent Work and Economic Growth
cbsnews.com
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2025 CD Rates: Online Banks Offer Significantly Higher Returns

In 2025, while average CD interest rates range from 0.23% to 1.32%, online banks offer significantly higher rates, reaching 4.25% for a 5-year CD; however, these rates are lower than in 2024 due to the Federal Reserve's interest rate cuts and further decreases are expected, highlighting the need for...

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48% Bias Score

Reduced Inequality
nbcnews.com
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Fed Slows Rate Cuts Amid Trump Policy Uncertainty

Federal Reserve officials expressed concern in December over inflation and the uncertainty surrounding President-elect Trump's policies, leading them to slow interest rate cuts, lowering the benchmark to 4.25%-4.5% and reducing their outlook for future cuts from four to two in 2025; the minutes high...

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48% Bias Score

Decent Work and Economic Growth
china.org.cn
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Fed Revises Inflation Target Timeline Due to Higher-Than-Expected Readings

The Federal Reserve's December meeting minutes indicate that returning inflation to its 2% target will take longer than anticipated due to higher-than-expected recent inflation readings and potential policy changes, leading to a slower pace of interest rate cuts.

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28% Bias Score

Reduced Inequality