Poland Holds Interest Rate Steady Amid Inflation Concerns
The National Bank of Poland held its key interest rate at 5.75% in its January 2025 meeting, citing concerns about rising inflation, despite December 2024 inflation remaining at 4.7% and positive GDP growth forecasts for 2025.
Poland Holds Interest Rate Steady Amid Inflation Concerns
The National Bank of Poland held its key interest rate at 5.75% in its January 2025 meeting, citing concerns about rising inflation, despite December 2024 inflation remaining at 4.7% and positive GDP growth forecasts for 2025.
Progress
24% Bias Score
MÜSİAD Predicts Turkish Central Bank Interest Rate Cut in December
MÜSİAD President Mahmut Asmalı anticipates a Turkish Central Bank interest rate cut in December, due to the current policy's failure to curb demand from higher-income groups while suppressing lower-income groups' spending, thus worsening income inequality and fueling inflation.
MÜSİAD Predicts Turkish Central Bank Interest Rate Cut in December
MÜSİAD President Mahmut Asmalı anticipates a Turkish Central Bank interest rate cut in December, due to the current policy's failure to curb demand from higher-income groups while suppressing lower-income groups' spending, thus worsening income inequality and fueling inflation.
Progress
40% Bias Score
Record High US Credit Card Debt
US credit card debt hits record high despite recent interest rate cuts; high interest rates persist due to several factors including increased margins and default risk.
Record High US Credit Card Debt
US credit card debt hits record high despite recent interest rate cuts; high interest rates persist due to several factors including increased margins and default risk.
Progress
0% Bias Score
Bank of England Cuts Interest Rates Amidst Inflation Concerns
The Bank of England lowers interest rates to 4.75% due to falling inflation, but potential future inflationary pressures are anticipated.
Bank of England Cuts Interest Rates Amidst Inflation Concerns
The Bank of England lowers interest rates to 4.75% due to falling inflation, but potential future inflationary pressures are anticipated.
Progress
0% Bias Score
Bank of England Cuts Interest Rates
The Bank of England cuts interest rates to combat low inflation, but economic uncertainty remains.
Bank of England Cuts Interest Rates
The Bank of England cuts interest rates to combat low inflation, but economic uncertainty remains.
Progress
0% Bias Score
Fed Cuts Interest Rates Amidst Economic and Political Uncertainty
The Federal Reserve (Fed) cut interest rates by 25 basis points, citing steady economic growth and progress toward its inflation target. The decision followed the reelection of Donald Trump and considers potential macroeconomic implications.
Fed Cuts Interest Rates Amidst Economic and Political Uncertainty
The Federal Reserve (Fed) cut interest rates by 25 basis points, citing steady economic growth and progress toward its inflation target. The decision followed the reelection of Donald Trump and considers potential macroeconomic implications.
Progress
0% Bias Score
Home Equity Loans Offer Significant Savings Over Credit Cards in 2025
As of January 13th, the average credit card interest rate was 22.80%, significantly higher than the 8.43% average home equity loan rate, offering homeowners a cheaper alternative for borrowing large sums (near $320,000 on average).
Home Equity Loans Offer Significant Savings Over Credit Cards in 2025
As of January 13th, the average credit card interest rate was 22.80%, significantly higher than the 8.43% average home equity loan rate, offering homeowners a cheaper alternative for borrowing large sums (near $320,000 on average).
Progress
56% Bias Score
Russia Holds Key Interest Rate at 21%, Defying Inflation and Expert Predictions
The Central Bank of Russia unexpectedly kept its key interest rate at 21% on December 20th, defying inflation exceeding 8.8-9% and expert predictions of a rate hike to 23-25%, sparking debate about political pressure and economic consequences.
Russia Holds Key Interest Rate at 21%, Defying Inflation and Expert Predictions
The Central Bank of Russia unexpectedly kept its key interest rate at 21% on December 20th, defying inflation exceeding 8.8-9% and expert predictions of a rate hike to 23-25%, sparking debate about political pressure and economic consequences.
Progress
44% Bias Score
Fed Rate Cut: Good News for HELOC Borrowers
The Federal Reserve's rate cut positively impacts HELOC and home equity loan rates, but borrowers should understand the risks involved before utilizing their home equity.
Fed Rate Cut: Good News for HELOC Borrowers
The Federal Reserve's rate cut positively impacts HELOC and home equity loan rates, but borrowers should understand the risks involved before utilizing their home equity.
Progress
0% Bias Score
Interest Rate Cut: Impact on Mortgages and Savings
The Bank of England cuts interest rates, but the impact on mortgages, savings, and loans is varied and uncertain.
Interest Rate Cut: Impact on Mortgages and Savings
The Bank of England cuts interest rates, but the impact on mortgages, savings, and loans is varied and uncertain.
Progress
0% Bias Score
Fed Cuts Interest Rates Amidst Economic Uncertainty
The Federal Reserve cut interest rates, citing easing labor market conditions and progress on inflation, despite potential impacts from the recent US presidential election.
Fed Cuts Interest Rates Amidst Economic Uncertainty
The Federal Reserve cut interest rates, citing easing labor market conditions and progress on inflation, despite potential impacts from the recent US presidential election.
Progress
0% Bias Score
Asia Economic News Roundup
Economic news from Indonesia, Hong Kong, Australia, Philippines, and Laos.
Asia Economic News Roundup
Economic news from Indonesia, Hong Kong, Australia, Philippines, and Laos.
Progress
0% Bias Score