Tag #Inflation

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npr.org
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Fed Considers Interest Rate Cut Amid Weak Job Market and Rising Inflation

The Federal Reserve is considering cutting interest rates due to a weaker-than-expected job market and rising inflation partly caused by President Trump's tariffs; this follows five previous votes against cuts, triggering a stock market rally of almost 2%.

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52% Bias Score

Decent Work and Economic Growth
t24.com.tr
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Turkish School Supplies Cost Soar to 12,000 Lira Amidst Inflation

The head of Turkey's Confederation of Craftsmen and Tradesmen reports that school supplies now cost between 10,000 and 12,000 lira due to inflation, placing a significant burden on families and impacting local businesses that rely on these annual sales.

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44% Bias Score

No Poverty
theglobeandmail.com
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Global Markets Mixed Ahead of Powell's Speech

Global markets were mixed Thursday morning as investors awaited a key speech from U.S. Federal Reserve chairman Jerome Powell at the Jackson Hole symposium, with Wall Street futures in positive territory and TSX futures higher after Canada's main stock market closed above 28,000 for the first time W...

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44% Bias Score

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nbcnews.com
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Wall Street Indexes Fall on Powell Speech and Walmart Results

Wall Street's main indexes fell on Thursday, with the Dow down 152.81 points (0.34%), the S&P 500 down 25.61 points (0.40%), and the Nasdaq down 72.54 points (0.34%), driven by investor fears of hawkish remarks from Federal Reserve Chair Jerome Powell and weak Walmart quarterly results despite stron...

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44% Bias Score

Reduced Inequality
lefigaro.fr
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Powell Hints at Interest Rate Cuts Amidst Tariff-Fueled Inflation

On August 22nd, Federal Reserve Chairman Jerome Powell hinted at potential interest rate cuts to address rising unemployment risks, despite concerns about inflation fueled by new tariffs, causing immediate market reactions including a drop in US Treasury yields and the dollar.

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36% Bias Score

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nrc.nl
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Trump's Assault on Federal Reserve Independence Threatens US Economic Stability

President Trump's repeated attacks on the Federal Reserve's independence, including pressure on Chairman Jerome Powell to lower interest rates and attempts to replace board members with loyalists, undermine the Fed's ability to manage inflation and the US economy, echoing the 1970s when Nixon's inte...

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44% Bias Score

Peace, Justice, and Strong Institutions
theglobeandmail.com
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Canadian Dollar Rebounds on Powell's Comments and Trade Deal

The Canadian dollar gained 0.7% against the US dollar on Friday, reaching 1.3815 per USD, recovering from earlier losses due to dovish comments from Federal Reserve Chair Powell regarding potential interest rate cuts and Canada's move to ease trade tensions with the US by removing retaliatory tariff...

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40% Bias Score

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elpais.com
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Inflation and Tariffs Drive Up Back-to-School Costs, Forcing Families to Make Difficult Choices

Rising inflation and new tariffs are making back-to-school expenses the second-largest annual household cost, forcing 67% of families to preemptively purchase supplies in July, with 44% using credit, compared to 34% last year, and 25% lacking dedicated savings.

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44% Bias Score

No Poverty
euronews.com
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Soaring Veterinary Costs in Europe Exacerbate Pet Abandonment

Veterinary service prices in Europe have risen sharply since 2015, exceeding overall inflation and placing a burden on pet owners; this is linked to increased pet ownership post-pandemic and corporatization of the veterinary sector, leading to high abandonment rates.

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40% Bias Score

Reduced Inequality
english.kyodonews.net
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Japan, Africa to Cooperate on Critical Minerals

Japan and African nations agreed to cooperate on securing stable supplies of critical minerals, emphasizing responsible development and debt management amid China's growing influence.

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12% Bias Score

Reduced Inequality
kathimerini.gr
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Powell's Jackson Hole Speech to Reveal Fed's Interest Rate Strategy Amid Inflation, Job Market Pressures

Federal Reserve Chairman Jerome Powell faces pressure to lower interest rates amid a weakening job market and rising inflation, with his upcoming Jackson Hole speech expected to reveal his approach. His past misjudgment on inflation in 2021 adds pressure to his decision.

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60% Bias Score

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spanish.china.org.cn
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US Stocks Fall on Jobless Claims Rise and Walmart's Earnings Miss

US stocks fell on Thursday after weekly jobless claims hit a June high, and Walmart's Q2 earnings missed expectations due to rising "tariff-impacted costs," signaling potential economic slowdown; the S&P 500 and Dow Jones fell 0.2 percent, while Walmart shares dropped over 4 percent.

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36% Bias Score

Decent Work and Economic Growth

Showing 97 to 108 of 2,671 results