Tag #Inflation

news.sky.com
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Trump Threatens Putin with Sanctions, Russian Spy Ship Detected in UK Waters

Donald Trump threatened Russia with sanctions unless Vladimir Putin ends the Ukraine war, while a Russian spy ship was detected in British waters; Russia's inflation reached 9.52% in 2024.

Progress

60% Bias Score

Peace, Justice, and Strong Institutions
french.china.org.cn
🌐 85% Global Worthiness
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US Tariffs on China: Inflationary Risks and China's Response

Economists predict that the US's planned massive tariffs on Chinese goods will increase inflation and slow US economic growth, while China plans measured policy responses to boost domestic demand and maintain its 5% GDP growth target in 2025.

Progress

48% Bias Score

Reduced Inequality
liberation.fr
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Record High French Savings in 2024: €16.8 Billion in Interest Payments

In 2024, French Livret A and LDDS accounts saw record interest payments of €16.8 billion due to net deposits of €21.42 billion, exceeding withdrawals, and reaching a total balance of €603.1 billion by December 31st, 2024. The 3% interest rate, coupled with economic uncertainty, fueled this increase.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
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Dimon Warns of Inflated U.S. Stock Market

JPMorgan Chase CEO Jamie Dimon warned on Wednesday that the U.S. stock market is inflated, citing risks from deficit spending, inflation, and geopolitical uncertainty; he specifically mentioned that asset prices are in the top 10-15% of historical valuations.

Progress

52% Bias Score

Reduced Inequality
cnbc.com
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BOJ Poised for Rate Hike Amid Inflation and Yen Weakness

The Bank of Japan is expected to raise its benchmark interest rate by 0.25% this week to 0.5%, the highest since 2008, driven by sustained inflation, yen weakness, and a shift in the BOJ's public statements. Eighteen of nineteen economists polled by CNBC predict the hike, despite risks from weak hou...

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Federal Reserve Rate Cuts Dip CD Interest Rates

The Federal Reserve's three 2024 rate cuts lowered CD interest rates from approximately 5% to the 4-4.5% range, impacting short-term CDs most significantly, as banks adjusted deposit account rates and savers shifted to long-term options or high-yield accounts.

Progress

36% Bias Score

Reduced Inequality
cnbc.com
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ECB Unconcerned About Imported Inflation, to Continue Gradual Rate Cuts

ECB President Christine Lagarde stated on Wednesday that the institution is not overly concerned about imported inflation from the U.S. and will continue to gradually cut interest rates; Eurozone inflation was 2.4% in December, and the ECB aims to reach its 2% inflation target by 2025.

Progress

36% Bias Score

Decent Work and Economic Growth
faz.net
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German Fuel Prices Rise for Sixth Consecutive Week

According to ADAC's weekly survey of over 14,000 gas stations, German gas prices increased for the sixth straight week due to higher crude oil prices, influenced by geopolitical factors and a recent CO2 price increase.

Progress

32% Bias Score

Affordable and Clean Energy
europe.chinadaily.com.cn
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, potentially increasing inflation and slowing US economic growth; economists predict higher consumer prices and disrupted US supply chains; China plans to counteract with domestic market revitalization and a 5% GDP growth target for 2025.

Progress

40% Bias Score

Reduced Inequality
africa.chinadaily.com.cn
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US Tariffs on China Risk Inflation, Slowing Growth

The US plans to impose massive tariffs on China, risking higher inflation and slower US growth, while China aims for a 5% GDP growth in 2025 through domestic market revitalization.

Progress

40% Bias Score

Reduced Inequality
t24.com.tr
🌐 75% Global Worthiness
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Turkey Acts to Prevent Ramadan Price Hikes

Turkey's government is tackling potential Ramadan price hikes by directly addressing industry representatives, promising stricter enforcement, and emphasizing the unacceptability of using cost increases as justification for price hikes. Meetings included the Treasury and Finance Minister, the Trade ...

Progress

40% Bias Score

Zero Hunger
cbsnews.com
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Trump Issues Executive Order to Combat Inflation

On January 20, President Trump signed an executive order aiming to lower the cost of living by directing federal agencies to reduce prices on housing, healthcare, and fuel, despite economists' doubts and low public confidence.

Progress

48% Bias Score

No Poverty