Tag #Inflation

cnbc.com
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Fed to Cut Interest Rates Again, Impacting Consumer Borrowing Costs

The Federal Reserve is expected to lower interest rates by 0.25 percentage points on December 18, impacting various consumer borrowing costs, including credit cards, mortgages, auto loans, and student loans, while savings rates remain relatively high.

Progress

32% Bias Score

Reduced Inequality
edition.cnn.com
🌐 75% Global Worthiness
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Trump's Plan to Lower Grocery Prices: Oil, Supply Chains, and Unintended Consequences

President-elect Trump plans to lower grocery prices by increasing domestic oil production and improving supply chains; however, experts question the effectiveness of this strategy given global supply chain challenges and potential negative impacts of his other policies.

Progress

40% Bias Score

Zero Hunger
taz.de
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Germany's Former Coalition Agrees on Tax Relief for Citizens

Germany's former ruling coalition reached an agreement on tax relief for citizens, including eliminating the 'cold progression' and raising child benefits, starting in 2025, pending Bundestag and Bundesrat approval and requiring Union support.

Progress

32% Bias Score

No Poverty
bbc.com
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Record Coffee Prices: Extreme Weather Drives Global Price Surge

Global Arabica coffee prices reached a record high of \$3.44 per pound on December 10th, 2024, driven by reduced harvests in Brazil and Vietnam due to extreme weather, leading major coffee brands to plan price increases in 2025.

Progress

40% Bias Score

Zero Hunger
welt.de
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"ECB Cuts Interest Rates Amidst Slowing Inflation and Trade War Fears"

"The European Central Bank (ECB) cut its key interest rate to 3.75 percent on December 12th, 2024, marking the fourth such cut this year, amidst slowing inflation but growing concerns about potential US trade conflicts impacting the Eurozone economy."

Progress

36% Bias Score

Reduced Inequality
welt.de
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German Economy Stagnates; Growth Dependent on Structural Reforms

Germany's economy is stagnating, with GDP projected to be unchanged in 2025 after a 0.2% decline in 2024 and minimal growth in 2025, according to leading economic institutes. Rising unemployment and restrained consumption are contributing factors, with the future trajectory dependent on whether stru...

Progress

48% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Strategic CD Moves Before 2025: Maximizing Returns in a Shifting Rate Environment

Higher interest rates in 2022-2023 significantly increased CD returns for savers; however, recent rate cuts necessitate a more strategic approach to maximize benefits before year-end 2024, including comparing lenders and choosing long-term options while depositing only accessible funds.

Progress

44% Bias Score

Reduced Inequality
lemonde.fr
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French 2025 Salary Increases: 1.32% Average Masks Two-Tiered System

A Groupe Alpha study reveals a 1.32% average salary increase in France for 2025, but this masks a two-tiered system; companies offering base salary increases average 2.33%, while 42.6% provide only bonuses, impacting purchasing power differently across employee groups.

Progress

44% Bias Score

Reduced Inequality
cbsnews.com
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"Inflation Rises Again: Renewed Concerns and Investor Response"

"November's Consumer Price Index (CPI) data reveals a 2.7% annual inflation increase, reversing the recent disinflation trend and prompting investors to consider gold as a hedge against further price increases."

Progress

60% Bias Score

Reduced Inequality
cnbc.com
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Inflation Meets Expectations, Nasdaq Hits Record High

U.S. inflation edged up to 2.7% in November, meeting expectations and bolstering predictions of a Fed rate cut; concurrently, the Nasdaq Composite surpassed 20,000, driven by tech giants' gains, while ETF inflows exceeded $1 trillion.

Progress

44% Bias Score

Reduced Inequality
elpais.com
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ECB to Cut Interest Rates Amid Eurozone Slowdown and Political Instability

The European Central Bank is expected to lower interest rates by 25 basis points this Thursday, its fourth cut in 2024, to stimulate the Eurozone economy amid political turmoil in France and Germany and despite low inflation. The decision reflects a calculated risk, balancing economic recovery again...

Progress

52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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ECB Expected to Cut Interest Rates Amid Weakening Economic Indicators

The European Central Bank is expected to cut its key deposit rate by 25 basis points to 3% at its meeting today, driven by inflation trending lower than forecast and weakening economic indicators despite a positive Q3 GDP surprise. Geopolitical uncertainty also plays a significant role.

Progress

44% Bias Score

Decent Work and Economic Growth