Robust U.S. Consumer Spending Prompts Fed to Revise Interest Rate Projections
U.S. consumer spending rose 0.4% in November, exceeding expectations and driven by increased purchases of vehicles and various services; inflation remained moderate, prompting the Federal Reserve to project fewer interest rate cuts in 2025.
Robust U.S. Consumer Spending Prompts Fed to Revise Interest Rate Projections
U.S. consumer spending rose 0.4% in November, exceeding expectations and driven by increased purchases of vehicles and various services; inflation remained moderate, prompting the Federal Reserve to project fewer interest rate cuts in 2025.
Progress
36% Bias Score
Market Volatility Amidst Fed Decision and Corporate Actions
December 20th's market saw initial losses followed by a slight recovery after a less-than-expected inflation report; the Fed's interest rate decision and corporate actions influenced market volatility.
Market Volatility Amidst Fed Decision and Corporate Actions
December 20th's market saw initial losses followed by a slight recovery after a less-than-expected inflation report; the Fed's interest rate decision and corporate actions influenced market volatility.
Progress
52% Bias Score
US Stock Futures Steady Ahead of Key Inflation Data
US stock futures were mostly unchanged Thursday evening, awaiting Friday's release of the key PCE inflation data, expected to show a rise above the Fed's 2% target; however, FedEx and Nike surged after reporting strong quarterly earnings.
US Stock Futures Steady Ahead of Key Inflation Data
US stock futures were mostly unchanged Thursday evening, awaiting Friday's release of the key PCE inflation data, expected to show a rise above the Fed's 2% target; however, FedEx and Nike surged after reporting strong quarterly earnings.
Progress
32% Bias Score
Colombia's Central Bank to Make Cautious Interest Rate Cut Amidst Uncertainty
The Bank of the Republic in Colombia will likely cut interest rates by a maximum of 50 basis points this Friday, a decision influenced by internal changes within the bank, concerns about inflation despite its recent decrease, and external risks such as potential US protectionism and fiscal uncertain...
Colombia's Central Bank to Make Cautious Interest Rate Cut Amidst Uncertainty
The Bank of the Republic in Colombia will likely cut interest rates by a maximum of 50 basis points this Friday, a decision influenced by internal changes within the bank, concerns about inflation despite its recent decrease, and external risks such as potential US protectionism and fiscal uncertain...
Progress
40% Bias Score
Germany's Economic Relief Package: Limited Impact Despite Tax Cuts and Child Benefit Increase
Germany's new economic relief package, effective January 2024, includes a β¬5 increase in child benefit to β¬255, tax bracket adjustments to counter cold progression, and increased child tax allowance. Despite this, the Institute of German Economy predicts many households will still have less net inco...
Germany's Economic Relief Package: Limited Impact Despite Tax Cuts and Child Benefit Increase
Germany's new economic relief package, effective January 2024, includes a β¬5 increase in child benefit to β¬255, tax bracket adjustments to counter cold progression, and increased child tax allowance. Despite this, the Institute of German Economy predicts many households will still have less net inco...
Progress
36% Bias Score
Spain Replaces CPI with New Index for Rental Contract Updates
Spain's new rental index, effective January 1st, 2024, replaces the CPI for calculating annual rent increases in contracts signed after May 25, 2023, aiming to prevent excessive rent hikes by considering CPI, underlying CPI, and long-term growth expectations.
Spain Replaces CPI with New Index for Rental Contract Updates
Spain's new rental index, effective January 1st, 2024, replaces the CPI for calculating annual rent increases in contracts signed after May 25, 2023, aiming to prevent excessive rent hikes by considering CPI, underlying CPI, and long-term growth expectations.
Progress
40% Bias Score
Government Shutdown, Inflation Report Trigger Stock Market Decline
On December 20, 2024, stock futures fell, led by a 1% drop in Nasdaq-100 futures, due to a potential US government shutdown and an upcoming inflation report. Concerns include economic consequences of the shutdown and the impact of higher inflation on Federal Reserve policy.
Government Shutdown, Inflation Report Trigger Stock Market Decline
On December 20, 2024, stock futures fell, led by a 1% drop in Nasdaq-100 futures, due to a potential US government shutdown and an upcoming inflation report. Concerns include economic consequences of the shutdown and the impact of higher inflation on Federal Reserve policy.
Progress
56% Bias Score
Germany's 2025 Crisis: Economic Stagnation and Political Instability
Germany's incoming government faces a multifaceted crisis in 2025: a struggling economy marked by factory closures and high inflation, coupled with challenges in managing immigration, countering cyberattacks, and protecting democracy from internal and external threats.
Germany's 2025 Crisis: Economic Stagnation and Political Instability
Germany's incoming government faces a multifaceted crisis in 2025: a struggling economy marked by factory closures and high inflation, coupled with challenges in managing immigration, countering cyberattacks, and protecting democracy from internal and external threats.
Progress
48% Bias Score
Spanish Inflation Fuels Robo-Advisor Boom
Spain's November 2024 inflation of 2.4% drives investment growth, with robo-advisors like InbestMe and Mintos offering high returns (up to 20%) at low costs (0.45-0.70%), diversifying portfolios across global markets and attracting novice investors.
Spanish Inflation Fuels Robo-Advisor Boom
Spain's November 2024 inflation of 2.4% drives investment growth, with robo-advisors like InbestMe and Mintos offering high returns (up to 20%) at low costs (0.45-0.70%), diversifying portfolios across global markets and attracting novice investors.
Progress
44% Bias Score
Germany Approves Tax Cuts to Offset Inflation
The German parliament approved tax cuts totaling 564 euros over two years, to offset inflation's impact on taxpayers; additionally, adjustments to the solidarity surcharges and child benefits were approved.
Germany Approves Tax Cuts to Offset Inflation
The German parliament approved tax cuts totaling 564 euros over two years, to offset inflation's impact on taxpayers; additionally, adjustments to the solidarity surcharges and child benefits were approved.
Progress
36% Bias Score
German Bundesrat Approves Tax Cuts, Child Benefit Increases
The German Bundesrat approved tax cuts to offset "kalte Progression" and increased child benefits, effective 2025-2026, following an agreement between SPD, Greens, FDP, and Union; however, economic stimulus measures were excluded.
German Bundesrat Approves Tax Cuts, Child Benefit Increases
The German Bundesrat approved tax cuts to offset "kalte Progression" and increased child benefits, effective 2025-2026, following an agreement between SPD, Greens, FDP, and Union; however, economic stimulus measures were excluded.
Progress
32% Bias Score
Turkish Economy Forecast: Slow Growth, High Inflation Predicted for 2025
Experts at an Istanbul Bilgi University panel predicted slower but stable growth for the Turkish economy in 2025, citing global uncertainty, particularly US-China tensions and Turkey's unique monetary policy as key factors; inflation is projected around 35 percent, and the Turkish lira is expected t...
Turkish Economy Forecast: Slow Growth, High Inflation Predicted for 2025
Experts at an Istanbul Bilgi University panel predicted slower but stable growth for the Turkish economy in 2025, citing global uncertainty, particularly US-China tensions and Turkey's unique monetary policy as key factors; inflation is projected around 35 percent, and the Turkish lira is expected t...
Progress
40% Bias Score