Tag #Inflation

cnbc.com
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Barclays Downgrades Homebuilders Amid Interest Rate Concerns

Barclays downgraded four major homebuilders—D.R. Horton, Lennar, PulteGroup, and KB Home—to "equal weight" due to concerns about higher-than-expected interest rates and a potential ceiling in the new construction market, leading to significant stock declines in Q4 2024.

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48% Bias Score

Reduced Inequality
dailymail.co.uk
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RBA Holds Interest Rates Amid Inflation Concerns

The Reserve Bank of Australia (RBA) kept the cash rate at 4.35 percent on December 18, 2024, citing persistent underlying inflation of 3.5 percent as the reason, despite headline inflation falling to 2.8 percent and slower economic growth; this decision impacts Australian borrowers and contrasts wit...

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48% Bias Score

Reduced Inequality
abcnews.go.com
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"Milei's Year in Office: Mixed Economic Results for Argentina"

"After one year in office, Argentine President Javier Milei's austerity measures have produced mixed results: monthly inflation fell to 2.7% in October, but poverty soared to 52.9%, and a tax amnesty generated $19 billion in new bank deposits. High annual inflation (193%) and the risk of a strong pe...

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52% Bias Score

No Poverty
faz.net
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EZB to Cut Interest Rates by 0.25 Percentage Points in December

The European Central Bank is expected to cut interest rates by 0.25 percentage points in December, down from near-certain expectations of a 0.5 percentage point increase in early October. This follows statements from ECB officials and a change in market sentiment.

Progress

40% Bias Score

Reduced Inequality
faz.net
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Gold Price Surge Predicted for 2025

Heraeus predicts gold prices to hit \$2950 per ounce by 2025, driven by Trump's inflationary policies, increased central bank purchases, and geopolitical risks; silver's outlook is brighter than palladium's.

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40% Bias Score

Reduced Inequality
smh.com.au
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RBA Holds Interest Rates Steady Amid Mixed Economic Signals

The Reserve Bank of Australia kept the official interest rate at 4.35 percent on December 6, 2023, following mixed economic data and amid expectations of a rate cut in early 2024.

Progress

52% Bias Score

Reduced Inequality
pda.kp.ru
🌐 65% Global Worthiness
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Russian New Car Prices Rise Moderately Despite Economic Headwinds

The average price of a new car in Russia reached 3.7 million rubles in November 2023, up 1% from October but down 5% year-on-year, with significant regional variations, and online listings potentially underrepresenting true prices.

Progress

44% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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"Milei's First Year: Economic Austerity and Soaring Poverty in Argentina"

"Argentine President Javier Milei's first year in office saw reduced inflation and a deficit, but at the cost of soaring poverty (over 50% of Argentinians are now poor, including two out of three children) amid Latin America's worst recession, despite IMF and World Bank growth predictions for 2025. ...

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36% Bias Score

No Poverty
edition.cnn.com
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"Argentina's Milei: Budget Cuts Yield Mixed Economic Results"

"President Javier Milei's budget cuts in Argentina have reduced inflation and improved the fiscal situation, but also caused a deeper recession, rising poverty (over 50%), and increased unemployment, despite some positive economic indicators and investor confidence."

Progress

28% Bias Score

No Poverty
bbc.com
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"Preço do café atinge recorde histórico devido a eventos climáticos."

"O preço internacional do café atingiu o nível mais alto da história, ultrapassando US\$ 3,44 por libra de arábica em dezembro de 2024, devido à redução da produção no Brasil e Vietnã por eventos climáticos extremos e aumento da demanda global."

Progress

44% Bias Score

Zero Hunger
smh.com.au
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Russia's Wartime Economy Slows, Exposing Tensions Among Elites

Russia's wartime economy is slowing, with industrial production declining and the ruble weakening, causing tensions between economic elites and the central bank over interest rates as the war in Ukraine nears its fourth year.

Progress

28% Bias Score

Reduced Inequality
t24.com.tr
🌐 75% Global Worthiness
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Turkish Union Protests Insufficient Salary Increases Amidst Inflation Crisis

HÜR-SEN protested in front of Turkey's Ministry of Labor and Social Security, demanding a comprehensive salary increase for public sector employees and retirees, citing a significant gap between the official inflation rate and the actual cost of living, and the non-inclusion of additional payments i...

Progress

56% Bias Score

No Poverty