Poland Auctions Butter Reserves to Combat Inflation Ahead of Elections
Poland will auction up to 1,102 tons of frozen butter from its reserves to lower prices before May's presidential elections, citing global milk shortages and high inflation (4.7% in November) as reasons; sales start Thursday at a minimum of $7 per kilogram.
Poland Auctions Butter Reserves to Combat Inflation Ahead of Elections
Poland will auction up to 1,102 tons of frozen butter from its reserves to lower prices before May's presidential elections, citing global milk shortages and high inflation (4.7% in November) as reasons; sales start Thursday at a minimum of $7 per kilogram.
Progress
36% Bias Score
Mecklenburg-Vorpommern Sees Surge in Housing Benefit Recipients
The number of households in Mecklenburg-Vorpommern receiving Wohngeld (housing benefit) almost doubled to 46,360 in 2023 due to the Wohngeld Plus reform, impacting nearly 6% of all households, with pensioners making up the largest group.
Mecklenburg-Vorpommern Sees Surge in Housing Benefit Recipients
The number of households in Mecklenburg-Vorpommern receiving Wohngeld (housing benefit) almost doubled to 46,360 in 2023 due to the Wohngeld Plus reform, impacting nearly 6% of all households, with pensioners making up the largest group.
Progress
36% Bias Score
France's 2025 GDP Growth Cut to 0.9% Amidst Political Uncertainty
The Banque de France lowered its 2025 French GDP growth forecast to 0.9% due to political uncertainty and budget delays, projecting 7.8% unemployment and 1.6% inflation; growth is expected to rebound to 1.3% in 2026-2027.
France's 2025 GDP Growth Cut to 0.9% Amidst Political Uncertainty
The Banque de France lowered its 2025 French GDP growth forecast to 0.9% due to political uncertainty and budget delays, projecting 7.8% unemployment and 1.6% inflation; growth is expected to rebound to 1.3% in 2026-2027.
Progress
40% Bias Score
Record $600 Billion Inflows into Global Bond Funds in 2024
In 2024, global bond funds received a record $600 billion in investments, reversing a $250 billion outflow in 2022, due to high yields and central banks lowering interest rates; high-yield corporate bonds and passive ETFs proved particularly popular, although future inflows may slow.
Record $600 Billion Inflows into Global Bond Funds in 2024
In 2024, global bond funds received a record $600 billion in investments, reversing a $250 billion outflow in 2022, due to high yields and central banks lowering interest rates; high-yield corporate bonds and passive ETFs proved particularly popular, although future inflows may slow.
Progress
36% Bias Score
Inflation Nowcast at 2.9% May Signal Fewer Interest Rate Cuts in 2025
The nowcast for the December 2024 Consumer Price Index shows headline inflation at 2.9%, exceeding November's 2.7%, while core inflation remains at 3.3%; this data, coupled with a robust jobs market, may influence the Federal Reserve's interest rate decisions in 2025.
Inflation Nowcast at 2.9% May Signal Fewer Interest Rate Cuts in 2025
The nowcast for the December 2024 Consumer Price Index shows headline inflation at 2.9%, exceeding November's 2.7%, while core inflation remains at 3.3%; this data, coupled with a robust jobs market, may influence the Federal Reserve's interest rate decisions in 2025.
Progress
44% Bias Score
Preparing for Retirement Income Volatility in 2025
To prepare for potential 2025 economic volatility, retirees should review their income strategies, rebalance their portfolios to include more protected income, and account for inflation's impact on their retirement income to ensure expenses are covered.
Preparing for Retirement Income Volatility in 2025
To prepare for potential 2025 economic volatility, retirees should review their income strategies, rebalance their portfolios to include more protected income, and account for inflation's impact on their retirement income to ensure expenses are covered.
Progress
52% Bias Score
Chile's Central Bank Forecasts Higher Inflation, Cautious Interest Rate Cuts
Chile's central bank projects 4.8% inflation for 2024, rising to 5% in early 2025 due to a stronger dollar and higher labor costs; GDP growth is projected at 1.5-2.5% for 2025-26, with interest rates cut to 5% but a potential pause in future cuts.
Chile's Central Bank Forecasts Higher Inflation, Cautious Interest Rate Cuts
Chile's central bank projects 4.8% inflation for 2024, rising to 5% in early 2025 due to a stronger dollar and higher labor costs; GDP growth is projected at 1.5-2.5% for 2025-26, with interest rates cut to 5% but a potential pause in future cuts.
Progress
24% Bias Score
UK House Prices Rise 3.4% Annually Despite Recent Regional Falls
UK house prices increased by £10,000 annually to £292,000 by October 2023, driven by lower mortgage rates, but recent price falls in some regions signal a potential slowdown due to rising inflation and interest rates.
UK House Prices Rise 3.4% Annually Despite Recent Regional Falls
UK house prices increased by £10,000 annually to £292,000 by October 2023, driven by lower mortgage rates, but recent price falls in some regions signal a potential slowdown due to rising inflation and interest rates.
Progress
20% Bias Score
Trump Tariffs Risk Triggering US Stagflation
President-elect Trump's planned tariffs on Mexican, Canadian, and Chinese imports risk triggering stagflation in the US, increasing inflation and potentially slowing economic growth, a scenario economists believe is more likely given the election results.
Trump Tariffs Risk Triggering US Stagflation
President-elect Trump's planned tariffs on Mexican, Canadian, and Chinese imports risk triggering stagflation in the US, increasing inflation and potentially slowing economic growth, a scenario economists believe is more likely given the election results.
Progress
44% Bias Score
SPD Unveils Election Program: Tax Cuts, Defense Spending, and Increased Investment
Ahead of Germany's February 23rd election, Chancellor Scholz and the SPD unveiled their election program, focusing on tax relief for 95% of taxpayers, including a reduced VAT on food and a €15 minimum wage, along with substantial investments in defense and infrastructure, funded by tax increases on ...
SPD Unveils Election Program: Tax Cuts, Defense Spending, and Increased Investment
Ahead of Germany's February 23rd election, Chancellor Scholz and the SPD unveiled their election program, focusing on tax relief for 95% of taxpayers, including a reduced VAT on food and a €15 minimum wage, along with substantial investments in defense and infrastructure, funded by tax increases on ...
Progress
44% Bias Score
Russian Salary Surge in 2024: Promoters Lead with 88% Increase
Promoters' salaries in Russia surged 88% to 68,000 rubles in 2024 due to increased demand for domestic goods promotion, while drivers and welders also saw significant salary increases; however, collectors experienced a 24% salary decrease.
Russian Salary Surge in 2024: Promoters Lead with 88% Increase
Promoters' salaries in Russia surged 88% to 68,000 rubles in 2024 due to increased demand for domestic goods promotion, while drivers and welders also saw significant salary increases; however, collectors experienced a 24% salary decrease.
Progress
56% Bias Score
US Retail Sales Rise 0.7% in November, Showing Mixed Consumer Spending
US retail sales increased by 0.7% in November, driven mainly by a 2.6% surge in auto sales, while sales at grocery stores and restaurants decreased, suggesting a mixed consumer spending pattern amidst rising interest rates and pre-holiday shopping.
US Retail Sales Rise 0.7% in November, Showing Mixed Consumer Spending
US retail sales increased by 0.7% in November, driven mainly by a 2.6% surge in auto sales, while sales at grocery stores and restaurants decreased, suggesting a mixed consumer spending pattern amidst rising interest rates and pre-holiday shopping.
Progress
44% Bias Score