SNB Cuts Interest Rate by 50 Basis Points Amid Inflationary Pressures and Economic Slowdown
The Swiss National Bank unexpectedly cut its key interest rate by 50 basis points to 0.5%, exceeding expectations, to combat low inflation and a strong Swiss franc, while the economy shows signs of slowing with below-average growth and weak indicators in key sectors.
SNB Cuts Interest Rate by 50 Basis Points Amid Inflationary Pressures and Economic Slowdown
The Swiss National Bank unexpectedly cut its key interest rate by 50 basis points to 0.5%, exceeding expectations, to combat low inflation and a strong Swiss franc, while the economy shows signs of slowing with below-average growth and weak indicators in key sectors.
Progress
20% Bias Score
ECB Cuts Interest Rates Amid Eurozone Economic Slowdown
The European Central Bank (ECB) lowered its key interest rate by 0.25 percentage points to 3.0 percent on 2024-06-XX, its fourth cut this year, to counter weakening economic growth in the Eurozone and potential US trade conflicts, impacting commercial bank deposit and borrowing rates.
ECB Cuts Interest Rates Amid Eurozone Economic Slowdown
The European Central Bank (ECB) lowered its key interest rate by 0.25 percentage points to 3.0 percent on 2024-06-XX, its fourth cut this year, to counter weakening economic growth in the Eurozone and potential US trade conflicts, impacting commercial bank deposit and borrowing rates.
Progress
40% Bias Score
ECB Cuts Key Interest Rate to 3.00% Amid Economic Slowdown
The European Central Bank (ECB) lowered its key interest rate from 3.25% to 3.00% on Thursday due to weakening economic prospects and decreasing inflation concerns, marking the fourth such cut this year. This decision follows previous easing steps in September and October and comes amid political un...
ECB Cuts Key Interest Rate to 3.00% Amid Economic Slowdown
The European Central Bank (ECB) lowered its key interest rate from 3.25% to 3.00% on Thursday due to weakening economic prospects and decreasing inflation concerns, marking the fourth such cut this year. This decision follows previous easing steps in September and October and comes amid political un...
Progress
36% Bias Score
India's Economic Slowdown Prompts RBI Governor Change
India's economic growth has slowed due to high inflation and decreased investment, prompting the replacement of the Reserve Bank of India governor with Sanjay Malhotra, who is expected to implement rate cuts to stimulate the economy by February 2025, impacting the projected GDP growth.
India's Economic Slowdown Prompts RBI Governor Change
India's economic growth has slowed due to high inflation and decreased investment, prompting the replacement of the Reserve Bank of India governor with Sanjay Malhotra, who is expected to implement rate cuts to stimulate the economy by February 2025, impacting the projected GDP growth.
Progress
40% Bias Score
ECB Cuts Rates, Markets Swing on Lagarde's Comments
The European Central Bank (ECB) cut interest rates for the fourth time this year on Thursday, abandoning its pledge to keep rates restrictive, sending Eurozone markets into a swing as investors reacted to President Christine Lagarde's comments.
ECB Cuts Rates, Markets Swing on Lagarde's Comments
The European Central Bank (ECB) cut interest rates for the fourth time this year on Thursday, abandoning its pledge to keep rates restrictive, sending Eurozone markets into a swing as investors reacted to President Christine Lagarde's comments.
Progress
56% Bias Score
Argentina Inflation Rate Hits Four-Year Low
Argentina's November inflation rate dropped to 2.4%, the lowest in four years, amid government austerity measures, despite a year-on-year inflation of 166%. President Milei celebrated the decrease, linking it to plans to remove exchange controls.
Argentina Inflation Rate Hits Four-Year Low
Argentina's November inflation rate dropped to 2.4%, the lowest in four years, amid government austerity measures, despite a year-on-year inflation of 166%. President Milei celebrated the decrease, linking it to plans to remove exchange controls.
Progress
40% Bias Score
Mixed Global Market Reaction to ECB Rate Cut and Asian Economic News
Global markets showed mixed results Thursday, with European markets slightly up, US futures slightly down, and Asian markets rising on positive economic news from China. The ECB is expected to cut interest rates, and the Fed may cut rates next week.
Mixed Global Market Reaction to ECB Rate Cut and Asian Economic News
Global markets showed mixed results Thursday, with European markets slightly up, US futures slightly down, and Asian markets rising on positive economic news from China. The ECB is expected to cut interest rates, and the Fed may cut rates next week.
Progress
36% Bias Score
ECB Cuts Interest Rates by 25 Basis Points Amid Inflation Progress and Growth Slowdown
The European Central Bank (ECB) cut its key interest rates by 25 basis points on Thursday, lowering the deposit facility rate to 3%, reflecting confidence in inflation converging towards the 2% target while acknowledging downside growth risks and removing its prior commitment to keeping rates suffic...
ECB Cuts Interest Rates by 25 Basis Points Amid Inflation Progress and Growth Slowdown
The European Central Bank (ECB) cut its key interest rates by 25 basis points on Thursday, lowering the deposit facility rate to 3%, reflecting confidence in inflation converging towards the 2% target while acknowledging downside growth risks and removing its prior commitment to keeping rates suffic...
Progress
32% Bias Score
WGC: Moderate Gold Price Growth Projected for 2025
The World Gold Council (WGC) projects a more moderate increase in gold prices in 2025, contingent on current market expectations, following a 25% price surge in 2024 driven by central bank purchases and safe-haven demand amidst global uncertainty.
WGC: Moderate Gold Price Growth Projected for 2025
The World Gold Council (WGC) projects a more moderate increase in gold prices in 2025, contingent on current market expectations, following a 25% price surge in 2024 driven by central bank purchases and safe-haven demand amidst global uncertainty.
Progress
36% Bias Score
Wholesale Inflation Rises, Exceeding Expectations Despite Fed Rate Cut
US wholesale prices increased 0.4% in November, exceeding forecasts, with food costs rising 3.1% due to higher fruit, vegetable, and egg prices; this follows a 2.7% increase in consumer prices, yet the Federal Reserve is still expected to cut interest rates next week.
Wholesale Inflation Rises, Exceeding Expectations Despite Fed Rate Cut
US wholesale prices increased 0.4% in November, exceeding forecasts, with food costs rising 3.1% due to higher fruit, vegetable, and egg prices; this follows a 2.7% increase in consumer prices, yet the Federal Reserve is still expected to cut interest rates next week.
Progress
36% Bias Score
Falling Yields Prompt Cash Investment Rethink for 2025
As of December 4th, 2024, money market funds hold a record \$6.77 trillion, but experts warn of lower yields in 2025 due to the Federal Reserve's expected rate cuts and uncertain inflation, suggesting investors diversify portfolios.
Falling Yields Prompt Cash Investment Rethink for 2025
As of December 4th, 2024, money market funds hold a record \$6.77 trillion, but experts warn of lower yields in 2025 due to the Federal Reserve's expected rate cuts and uncertain inflation, suggesting investors diversify portfolios.
Progress
48% Bias Score
McDonald's: Unexpectedly Center Stage in 2024
In 2024, McDonald's unexpectedly became a central news element, from political campaign backdrops (featuring VP Harris and President-elect Trump) and a manhunt scene to an E.coli outbreak impacting sales and highlighting its pervasive role in American life and culture.
McDonald's: Unexpectedly Center Stage in 2024
In 2024, McDonald's unexpectedly became a central news element, from political campaign backdrops (featuring VP Harris and President-elect Trump) and a manhunt scene to an E.coli outbreak impacting sales and highlighting its pervasive role in American life and culture.
Progress
36% Bias Score