Tag #Interest Rates

cnbc.com
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Gold Prices Steady Amidst Economic Uncertainty

Spot gold rose 0.1% to $2,616.88 per ounce on Tuesday, driven by low liquidity and anticipation of the Fed's interest rate decisions and President-elect Trump's policies; gold had a stellar 2024, gaining 27%.

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40% Bias Score

Reduced Inequality
forbes.com
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Fed Holds Steady on Rates in January, More Cuts Expected in 2025

The Federal Reserve cut interest rates by 0.25% on December 18, 2024, but a January 29, 2025 rate cut is unlikely due to elevated inflation (November CPI at 2.7%, core CPI at 3.3%) and low unemployment; however, further cuts are likely in 2025.

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40% Bias Score

Reduced Inequality
mk.ru
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Russian Mortgage Market Collapses Amidst High Interest Rates and Stricter Lending

The end of a popular subsidized mortgage program in Russia, coupled with stricter family and IT mortgage terms and record-high interest rates, caused a significant decrease in mortgage issuance and home sales in 2024; high interest rates are expected to persist into 2025, further impacting the marke...

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36% Bias Score

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theglobeandmail.com
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UK Economy Stagnates, Raising Recession Fears

Britain's economy showed zero growth in the third quarter of 2024, according to the Office for National Statistics, raising concerns about a potential recession under the new Labour government, while business confidence is at its lowest point of 2024, and household savings are being depleted.

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52% Bias Score

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arabic.cnn.com
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Foreign Investors Shift to Egyptian Government Bonds Amidst High Yields and Expected Interest Rate Cuts

Driven by over 25% yields and expectations of 2025 interest rate cuts, foreign and Arab investors in Egypt are swapping short-term treasury bills for long-term government bonds, impacting the Egyptian pound and the government's budget deficit financing.

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32% Bias Score

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theglobeandmail.com
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Bank of Canada Cuts Interest Rate to 3.25% Amidst Economic Uncertainty

On December 11th, the Bank of Canada lowered its policy interest rate by 0.5 percentage points to 3.25 percent, its fifth consecutive cut since June, driven by weaker-than-expected economic growth in Q3 and inflation meeting the 2 percent target, despite mixed economic signals and internal debate on...

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32% Bias Score

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theglobeandmail.com
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US Stocks Rise After Shutdown Averted, Inflation Eases Concerns

U.S. stock index futures rose on Monday following Congress's passage of a spending bill that averted a government shutdown and a positive inflation report that reduced concerns about interest rate hikes; the Dow E-minis rose 0.07%, the S&P 500 E-minis rose 0.26%, and the Nasdaq 100 E-minis rose 0.45...

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44% Bias Score

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bbc.com
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UK Economy Stagnates: Zero Growth in Q3 2024

Revised UK economic figures show zero growth between July and September 2024, down from an initial estimate of 0.1%, prompting concerns about the government's economic strategy and impacting business and consumer confidence.

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56% Bias Score

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theglobeandmail.com
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Canada's October Economic Growth Exceeds Expectations, but November Contraction Looms

Canada's economy unexpectedly grew by 0.3 percent in October due to increased oil and gas extraction and manufacturing, but November likely saw a 0.1 percent contraction, potentially affecting the Bank of Canada's growth projections for the fourth quarter.

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36% Bias Score

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cbsnews.com
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Short-Term CD Rates Remain High Despite Fed Rate Cuts

The Federal Reserve's three 2024 rate cuts decreased the Fed rate by 1%, impacting high-yield savings and CDs; however, short-term CDs still offer competitive returns, with options like TotalBank's 3-month CD at 4.71% APY.

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44% Bias Score

Reduced Inequality
cnbc.com
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Corporate Bonds Offer Attractive Yields in 2025 Despite Fed Rate Cuts

In 2025, investment-grade corporate bonds offer attractive yields (5%+) exceeding money market funds and Treasury bills, driven by strong corporate fundamentals and a supportive economic climate; however, the Federal Reserve's interest rate cuts and potential policy changes present risks requiring a...

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48% Bias Score

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forbes.com
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US Economy Poised for Continued Growth in 2025

The US economy is poised for continued growth in 2025, driven by a strong labor market, solid consumer spending, and anticipated interest rate cuts by the Federal Reserve, despite existing inflation and geopolitical risks.

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44% Bias Score

Decent Work and Economic Growth