Tag #Inflation

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lemonde.fr
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Wall Street Plunges on Fed's Slower Rate Cut Projections and Inflation Concerns

On December 18th, Wall Street plummeted, with the S&P 500 down 2.95% and Nasdaq down 3.56%, primarily due to the Federal Reserve's slower-than-expected interest rate cut projections and persistent inflation concerns exacerbated by potential policy changes under a Trump administration.

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Reduced Inequality
edition.cnn.com
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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.

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48% Bias Score

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cnbc.com
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Dow Suffers Longest Daily Decline Since 1974 Amidst Fed Rate Uncertainty

On Wednesday, the Dow Jones Industrial Average plummeted 2.6%, marking its steepest single-day fall since 1974, extending its losing streak to ten days and leading to significant drops across other major indices; this followed the Fed's revised 2025 interest rate projections and fueled concerns over...

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cnbc.com
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Fed's Revised Rate Cut Projection Triggers Wall Street Sell-off

Wall Street experienced a sell-off after the Federal Reserve projected fewer rate cuts in 2025 than previously anticipated, causing major indexes to decline as investors adjusted to a less dovish outlook and higher inflation.

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44% Bias Score

Reduced Inequality
zeit.de
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\"Weak Consumer Spending and Rising Insolvencies Hamper German Economic Recovery\"\

\"Germany's economic growth remains hampered by weak consumer spending due to high inflation, rising unemployment, and a surge in business insolvencies, with projections indicating a potential record number of bankruptcies in 2025.\

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48% Bias Score

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news.sky.com
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Bank of England Holds Rates Amid Inflationary Pressures

The Bank of England's Monetary Policy Committee voted 6-3 to hold the Bank rate at 4.75% on December 18th, 2024, despite higher-than-expected wage rises and inflation, signaling a continued, albeit uncertain, path towards gradual interest rate cuts next year.

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40% Bias Score

Reduced Inequality
edition.cnn.com
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Dow Plunges 1,123 Points After Fed's Hawkish Rate Cut

The Dow Jones Industrial Average fell 1,123 points (2.6%) on Wednesday, extending its losing streak to 10 days due to the Federal Reserve's announcement of only two projected interest rate cuts in 2025, defying market expectations for four and indicating tighter monetary policy.

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44% Bias Score

Reduced Inequality
smh.com.au
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Fed Rate Cut Causes Market Plunge Amid Inflation Concerns

The Federal Reserve cut interest rates by 0.25 percentage points, defying market expectations by causing a nearly 3% stock market drop, and pushing the Australian dollar to two-year lows against the US dollar due to stronger-than-anticipated economic growth and persistent inflation.

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52% Bias Score

Reduced Inequality
cnbc.com
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Fed Rate Cut Triggers Market Sell-Off Despite Lower Borrowing Costs

The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday, but the Dow Jones Industrial Average dropped over 1000 points due to the Fed's revised dot plot indicating only two rate reductions expected in 2025, fewer than previously anticipated. This caused disappointment among...

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40% Bias Score

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theglobeandmail.com
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U.S. Q3 GDP Growth at 3.1 Percent, Despite Election of Trump

The American economy expanded by 3.1 percent in Q3 2024, fueled by consumer spending and exports, despite high interest rates; however, voters elected Donald Trump, who plans significant economic policy changes.

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52% Bias Score

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theguardian.com
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Bank of England Holds Rates Amidst Inflation and Growth Concerns

The Bank of England's Monetary Policy Committee voted 6-3 to hold interest rates at 4.75% due to October's wage growth exceeding 5% and inflation reaching 2.6%, despite concerns about zero economic growth following Labour's budget and the risk of recession.

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48% Bias Score

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abcnews.go.com
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U.S. Economy Posts 3.1% Growth in Q3 Despite Inflation and Election Results

The American economy expanded by 3.1% in Q3 2023, fueled by robust consumer spending and export growth, despite persistent inflation and the recent election of Donald Trump.

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48% Bias Score

Decent Work and Economic Growth

Showing 1,357 to 1,368 of 1,722 results