Tag #Inflation

Showing 421 to 432 of 2,780 results

cnnespanol.cnn.com
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Trump's False Claims on Inflation Contradict Economic Data

President Trump's claims that gas prices are below \$2 in five states, grocery and overall prices have fallen, and underlying inflation is below 2% are demonstrably false according to data from GasBuddy, AAA, and the Consumer Price Index, which show increases.

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44% Bias Score

Reduced Inequality
npr.org
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Record High Home Prices and the Debate Over Interest Rates

High US home prices hit a record high in June 2023 as sales dropped to a nine-month low due to elevated mortgage rates and high listing prices; former President Trump blames Federal Reserve Chair Jerome Powell, while Robert Reich suggests that lowering interest rates may backfire, and that reducing ...

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44% Bias Score

Reduced Inequality
smh.com.au
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RBA Governor Rejects Surprise Unemployment Claim, Casts Doubt on August Rate Cut

Australia's unemployment rate unexpectedly climbed to 4.3 percent in June, defying market expectations of an immediate interest rate cut, but aligning with the Reserve Bank of Australia's May forecast, prompting Governor Michele Bullock to emphasize a measured approach to future rate adjustments.

Progress

24% Bias Score

Decent Work and Economic Growth
forbes.com
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Trump Tariffs to Hike Consumer Costs by $2,700 by 2025

Trump's reciprocal tariffs, delayed to August 1, are projected to increase household costs by \$2,700 by 2025, impacting back-to-school shopping and disproportionately affecting low-income families due to higher spending on imported goods, particularly from China.

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60% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Silver's Price Surge Prompts Precious Metal Portfolio Reassessment

Silver prices have surged to over $38 per ounce, a more than 10-year high, prompting some gold investors to consider a switch due to gold's record-high price near $3,400 per ounce; however, experts suggest reassessing overall precious metal allocation instead of a complete switch.

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44% Bias Score

Reduced Inequality
nbcnews.com
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US Home Sales Slow to Lowest Pace Since September as Prices Hit Record High

US existing home sales dropped 2.7% in June 2024 to 3.93 million units, the slowest pace since September 2023, due to high mortgage rates near 7% and a record median home price of $435,300; the number of homes for sale increased, yet remains below pre-pandemic levels.

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32% Bias Score

Reduced Inequality
cbsnews.com
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Gold Price Surges 42% in One Year, Reaching \$3,430.21

The price of gold has surged 42% year-over-year, reaching \$3,430.21 per ounce on July 23, 2024, driven by inflation and its role as a portfolio hedge, prompting investors to seek protection and profit.

Progress

60% Bias Score

Reduced Inequality
theglobeandmail.com
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Fed Faces Pressure Amidst Loose Financial Conditions

Amidst political pressure to cut interest rates, the Federal Reserve maintains loose U.S. financial conditions, with indexes indicating ample financing despite above-target inflation; however, high government borrowing costs and a strong wealth effect complicate the situation.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
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UK Resident Doctors' Pay Cut and Forthcoming Strike

UK resident doctors' pay has fallen by 4-10% since 2010-11, according to the Nuffield Trust, prompting a strike on July 25th, while the BMA claims a 29% drop since 2008-09, highlighting methodological differences in pay analysis.

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44% Bias Score

Good Health and Well-being
theguardian.com
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RBA Holds Interest Rates Amid Inflation Concerns

The Reserve Bank of Australia (RBA) unexpectedly held its cash rate at 3.85% on July 8th, citing concerns that inflation is not falling as quickly as predicted, despite a current rate of 2.4%, and a desire to avoid high job losses, opting instead for a reduction in work hours across the population.

Progress

40% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Gold Price Outlook: Will it Hit \$3,500 by Month's End?

Gold prices are currently around \$3,300 per ounce, facing resistance at \$3,500; experts disagree on whether this level will be reached by month's end, citing central bank activity, geopolitical events, inflation, and the U.S. dollar as key factors.

Progress

52% Bias Score

Reduced Inequality
elpais.com
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Mexico's Inflation Slows to 3.55%, Returning to Target Range

Mexico's annual inflation rate eased to 3.55% in the first half of July, returning to the Bank of Mexico's target range, driven by lower agricultural and energy prices despite some significant price increases in specific goods and services.

Progress

44% Bias Score

No Poverty

Showing 421 to 432 of 2,780 results