Bank of England Holds Rates Amid Inflationary Pressures
The Bank of England's Monetary Policy Committee voted 6-3 to hold the Bank rate at 4.75% on December 18th, 2024, despite higher-than-expected wage rises and inflation, signaling a continued, albeit uncertain, path towards gradual interest rate cuts next year.
Bank of England Holds Rates Amid Inflationary Pressures
The Bank of England's Monetary Policy Committee voted 6-3 to hold the Bank rate at 4.75% on December 18th, 2024, despite higher-than-expected wage rises and inflation, signaling a continued, albeit uncertain, path towards gradual interest rate cuts next year.
Progress
40% Bias Score
Fed's Hawkish Projections Send Gold Prices Lower, Despite Analysts' Positive Outlook for 2025
The Federal Reserve's unexpectedly hawkish interest rate projections jolted markets, causing gold prices to fall 2% to a one-month low despite analysts predicting continued support for the precious metal in 2025 due to increased central bank purchases and safe-haven demand.
Fed's Hawkish Projections Send Gold Prices Lower, Despite Analysts' Positive Outlook for 2025
The Federal Reserve's unexpectedly hawkish interest rate projections jolted markets, causing gold prices to fall 2% to a one-month low despite analysts predicting continued support for the precious metal in 2025 due to increased central bank purchases and safe-haven demand.
Progress
32% Bias Score
Australian Market Set for Drop After US Fed Rate Cut Revision
The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.
Australian Market Set for Drop After US Fed Rate Cut Revision
The Australian share market is anticipated to fall after a $50 billion drop on Thursday, influenced by the US Federal Reserve's prediction of fewer 2025 rate cuts than expected, causing global market instability and pushing the Australian dollar to a two-year low.
Progress
40% Bias Score
US Stocks Rebound After Fed's Rate Cut Announcement
Following a 2.9% drop in the S&P 500 on Wednesday due to the Federal Reserve's announcement of fewer-than-expected interest rate cuts, U.S. stocks rebounded on Thursday with the S&P 500 rising 0.6%, the Dow Jones up 0.7%, and the Nasdaq up 0.7%, despite mixed economic reports and international marke...
US Stocks Rebound After Fed's Rate Cut Announcement
Following a 2.9% drop in the S&P 500 on Wednesday due to the Federal Reserve's announcement of fewer-than-expected interest rate cuts, U.S. stocks rebounded on Thursday with the S&P 500 rising 0.6%, the Dow Jones up 0.7%, and the Nasdaq up 0.7%, despite mixed economic reports and international marke...
Progress
44% Bias Score
Fed Rate Cut Triggers Yuan Weakening and Market Selloff
The U.S. Federal Reserve cut its key interest rate by 25 basis points on Wednesday, prompting the Hong Kong Monetary Authority to make a similar cut, while the offshore yuan weakened to 7.3218 against the U.S. dollar and the S&P 500 experienced a broad-based selloff.
Fed Rate Cut Triggers Yuan Weakening and Market Selloff
The U.S. Federal Reserve cut its key interest rate by 25 basis points on Wednesday, prompting the Hong Kong Monetary Authority to make a similar cut, while the offshore yuan weakened to 7.3218 against the U.S. dollar and the S&P 500 experienced a broad-based selloff.
Progress
36% Bias Score
Bank of England to Hold Interest Rates Amid Inflation and Recession Fears
The Bank of England is expected to hold interest rates at 4.75 percent today, despite November inflation rising to 2.6 percent and fears of a recession following recent tax increases. Economists cite the need to balance inflation control with economic growth.
Bank of England to Hold Interest Rates Amid Inflation and Recession Fears
The Bank of England is expected to hold interest rates at 4.75 percent today, despite November inflation rising to 2.6 percent and fears of a recession following recent tax increases. Economists cite the need to balance inflation control with economic growth.
Progress
52% Bias Score
Fed's Inflation Announcement Triggers Stock Market Plunge, Overshadowing Trump's Economic Agenda
The Federal Reserve's announcement of higher-than-expected inflation and fewer rate cuts in 2025 caused a significant drop in the stock market, erasing post-election gains fueled by expectations of Trump's economic policies; this highlights the Fed's powerful influence on markets.
Fed's Inflation Announcement Triggers Stock Market Plunge, Overshadowing Trump's Economic Agenda
The Federal Reserve's announcement of higher-than-expected inflation and fewer rate cuts in 2025 caused a significant drop in the stock market, erasing post-election gains fueled by expectations of Trump's economic policies; this highlights the Fed's powerful influence on markets.
Progress
60% Bias Score
Market Volatility: Micron's Dip, Housing Slowdown, and Oversold Market
Micron Technology's stock plunged 11% despite strong earnings, citing weak cellphone and PC demand; Lennar Corp.'s Q4 earnings missed expectations due to high interest rates; the S&P 500 Short Range Oscillator is at its most oversold level, hinting at a possible market rebound.
Market Volatility: Micron's Dip, Housing Slowdown, and Oversold Market
Micron Technology's stock plunged 11% despite strong earnings, citing weak cellphone and PC demand; Lennar Corp.'s Q4 earnings missed expectations due to high interest rates; the S&P 500 Short Range Oscillator is at its most oversold level, hinting at a possible market rebound.
Progress
60% Bias Score
Fed Rate Cut Triggers Biotech Market Downturn
The Federal Reserve's interest rate cut negatively impacted the stock market, particularly biotech, due to concerns over persistent inflation and fewer expected rate cuts in 2025, potentially hindering innovation and patient access to new treatments.
Fed Rate Cut Triggers Biotech Market Downturn
The Federal Reserve's interest rate cut negatively impacted the stock market, particularly biotech, due to concerns over persistent inflation and fewer expected rate cuts in 2025, potentially hindering innovation and patient access to new treatments.
Progress
48% Bias Score
Bank of England to Hold Interest Rates at 4.75%
The Bank of England is expected to hold interest rates at 4.75% today, despite November's inflation rising to 2.6%, exceeding the Bank's 2% target; analysts predict a gradual rate decrease, but recent wage growth suggests a longer hold may be necessary.
Bank of England to Hold Interest Rates at 4.75%
The Bank of England is expected to hold interest rates at 4.75% today, despite November's inflation rising to 2.6%, exceeding the Bank's 2% target; analysts predict a gradual rate decrease, but recent wage growth suggests a longer hold may be necessary.
Progress
36% Bias Score
Riksbank Cuts Rates to 2.5% Amid Weak Growth
Sweden's central bank cut interest rates by 0.25 percentage points to 2.5% on Thursday to support weak economic growth, despite November inflation falling to 1.6%, hinting at a potential further rate cut in the first half of 2025.
Riksbank Cuts Rates to 2.5% Amid Weak Growth
Sweden's central bank cut interest rates by 0.25 percentage points to 2.5% on Thursday to support weak economic growth, despite November inflation falling to 1.6%, hinting at a potential further rate cut in the first half of 2025.
Progress
28% Bias Score
BoE Holds Interest Rate at 4.75% Amid Rising Inflation
The Bank of England's Monetary Policy Committee voted 6-3 to hold the interest rate at 4.75 percent on December 18, 2024, citing rising inflation and wage growth, with a review pending in February.
BoE Holds Interest Rate at 4.75% Amid Rising Inflation
The Bank of England's Monetary Policy Committee voted 6-3 to hold the interest rate at 4.75 percent on December 18, 2024, citing rising inflation and wage growth, with a review pending in February.
Progress
36% Bias Score