Tag #Inflation

abcnews.go.com
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Trump's Economic Policies May Clash with Federal Reserve, Potentially Raising Interest Rates

President-elect Donald Trump's plans to cut taxes and impose tariffs may clash with the Federal Reserve's efforts to control inflation, potentially resulting in higher interest rates despite his promises of lower borrowing costs for American households.

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40% Bias Score

dw.com
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Russian Coffin Prices Soar 74% Since War Began

Since the start of the war in Ukraine, the cost of making a coffin in Russia has risen by 74 percent, reaching 7711 rubles in October 2024, driven by increased raw material costs. The price of digging a grave has also increased by 30 percent, while independent reports estimate tens of thousands of R...

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24% Bias Score

No Poverty
cnn.com
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Trump Tariffs Threaten Dollar Tree's Product Offerings and Pricing

President-elect Trump's planned tariffs on imported goods threaten Dollar Tree, potentially forcing the discount retailer to remove products, alter specifications, or increase prices above its current $1.25 price point, impacting its low-income customer base.

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48% Bias Score

Reduced Inequality
theglobeandmail.com
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Canadian Food Prices to Rise 3-5% in 2025, Report Says

A new report predicts a 3-5% rise in Canadian food prices in 2025, potentially costing a family of four an extra $800 annually due to climate change, labor issues, new policies, and global events; meat prices may jump up to 6%.

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24% Bias Score

forbes.com
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Estimating the Duration of Significantly Increased Product Prices

This article analyzes how long businesses can expect significantly increased prices to persist for a product, focusing on the concept of price elasticity of supply and demand and factors influencing the speed and magnitude of market adjustments.

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16% Bias Score

dailymail.co.uk
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Democrats Face Backlash Over Tweet Mocking High Egg Prices

House Democrats deleted a tweet mocking Americans struggling with high egg prices after a record-breaking holiday shopping weekend, sparking widespread criticism and highlighting a disconnect between the party and everyday economic concerns amid rising inflation and record credit card debt.

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44% Bias Score

theglobeandmail.com
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Trump's Influence on the Federal Reserve Risks Inflation and Market Instability

President-elect Trump's potential interference in the Federal Reserve's monetary policy, through a "shadow" chair and the upcoming appointments to the board, creates market uncertainty and risks dangerously low interest rates and increased inflation, particularly after 2026 when Chair Powell's term ...

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64% Bias Score

mk.ru
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Global Cost of Living Crisis: Economic Hardship in Developed Nations

Rising global living costs are creating widespread hardship, particularly in developed nations where the middle class is struggling. Political decisions, including energy policy and geopolitical choices, have worsened the crisis leading to unprecedented social and political challenges.

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52% Bias Score

No Poverty
elmundo.es
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Delay of Spain's Rental Index Creates Uncertainty for Thousands

Spain's new rental index, crucial for regulating rent increases from January 1st, 2025, is delayed, leaving thousands of tenants and landlords uncertain about rent adjustments as the government works to finalize the index before the year's end.

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36% Bias Score

Reduced Inequality
elpais.com
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Mexico Raises Minimum Wage by 12% in 2025

Mexico will raise its minimum wage by 12% in 2025, impacting over 8.5 million workers; border state workers will earn 12,596 pesos monthly, others 8,364 pesos, continuing a policy of consecutive yearly increases despite economic headwinds and differing opinions on the increase's adequacy.

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32% Bias Score

us.cnn.com
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Cyber Monday 2024: Record $13.3 Billion in US Spending

US consumers spent a record $13.3 billion on Cyber Monday 2024, exceeding last year's total by 7.3%, driven by early discounts, mobile shopping, and social media influencers; total holiday spending is projected to surpass $240 billion.

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40% Bias Score

dailymail.co.uk
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Weak Australian Economic Growth Amidst Record Immigration and Government Spending

Australia's economy grew by only 0.8% annually, its weakest performance since 1991 excluding the pandemic, despite record immigration and government spending; this resulted in a seven-quarter per capita recession, with economists predicting no near-term interest rate cuts.

Progress

48% Bias Score