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.
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.
Progress
52% Bias Score
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.
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.
Progress
48% Bias Score
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.
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.
Progress
48% Bias Score
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.
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.
Progress
52% Bias Score
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.
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.
Progress
40% Bias Score
US Stocks Rebound After Fed's Rate Cut Announcement
Following a 2.9% drop in the S&P 500 on Wednesday due to the Federal Reserve's announcement of fewer-than-expected interest rate cuts, U.S. stocks rebounded on Thursday with the S&P 500 rising 0.6%, the Dow Jones up 0.7%, and the Nasdaq up 0.7%, despite mixed economic reports and international marke...
US Stocks Rebound After Fed's Rate Cut Announcement
Following a 2.9% drop in the S&P 500 on Wednesday due to the Federal Reserve's announcement of fewer-than-expected interest rate cuts, U.S. stocks rebounded on Thursday with the S&P 500 rising 0.6%, the Dow Jones up 0.7%, and the Nasdaq up 0.7%, despite mixed economic reports and international marke...
Progress
44% Bias Score
\"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.\
\"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.\
Progress
48% Bias Score
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.
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.
Progress
40% Bias Score
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.
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.
Progress
60% Bias Score
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.
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.
Progress
32% Bias Score
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.
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.
Progress
48% Bias Score
Canadian Government's Economic Communication Failure Amidst Positive Indicators
Finance Minister Chrystia Freeland's resignation highlights the Canadian government's failure to address public economic anxiety despite positive economic indicators, revealing a disconnect between policy and public perception.
Canadian Government's Economic Communication Failure Amidst Positive Indicators
Finance Minister Chrystia Freeland's resignation highlights the Canadian government's failure to address public economic anxiety despite positive economic indicators, revealing a disconnect between policy and public perception.
Progress
60% Bias Score