Tag #Inflation

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

Decent Work and Economic Growth
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

Decent Work and Economic Growth
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
cnbc.com
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Stock Market Sell-Off: Yardeni Research Predicts Further Declines

On Wednesday, the stock market suffered a sharp decline following the Federal Reserve's lowered rate-cut projections; Yardeni Research predicts further market weakness due to potential tax deferrals, a possible dockworkers' strike, and President-elect Trump's protectionist trade policies.

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52% Bias Score

Reduced Inequality
smh.com.au
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Australian Market Set for Drop After US Fed Rate Cut Revision

The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.

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40% Bias Score

Reduced Inequality
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
cnn.com
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Fed's Inflation Announcement Triggers Stock Market Plunge, Overshadowing Trump's Economic Agenda

The Federal Reserve's announcement of higher-than-expected inflation and fewer rate cuts in 2025 caused a significant drop in the stock market, erasing post-election gains fueled by expectations of Trump's economic policies; this highlights the Fed's powerful influence on markets.

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60% Bias Score

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cnbc.com
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Fed's Hawkish Projections Send Gold Prices Lower, Despite Analysts' Positive Outlook for 2025

The Federal Reserve's unexpectedly hawkish interest rate projections jolted markets, causing gold prices to fall 2% to a one-month low despite analysts predicting continued support for the precious metal in 2025 due to increased central bank purchases and safe-haven demand.

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32% Bias Score

Reduced Inequality
forbes.com
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Fed Rate Cut Triggers Biotech Market Downturn

The Federal Reserve's interest rate cut negatively impacted the stock market, particularly biotech, due to concerns over persistent inflation and fewer expected rate cuts in 2025, potentially hindering innovation and patient access to new treatments.

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48% Bias Score

Decent Work and Economic Growth