SNB Halves Interest Rate, Echoing 2010s Low-Rate Era and Raising Concerns
The Swiss National Bank halved its key interest rate to 0.5 percent, nearing zero, mirroring potential ECB actions and recalling the 2010s' low-interest-rate era; this decrease impacts savers and may lead to legal challenges, while the ECB expresses concerns about government debt sustainability in s...
SNB Halves Interest Rate, Echoing 2010s Low-Rate Era and Raising Concerns
The Swiss National Bank halved its key interest rate to 0.5 percent, nearing zero, mirroring potential ECB actions and recalling the 2010s' low-interest-rate era; this decrease impacts savers and may lead to legal challenges, while the ECB expresses concerns about government debt sustainability in s...
Progress
40% Bias Score
Loonie's Plunge Creates Investment Dilemma for Canadians
The Canadian dollar has fallen to a four-year low against the U.S. dollar, creating a dilemma for investors holding U.S.-dollar assets, who are seeing unexpectedly high returns in Canadian dollar terms due to the currency exchange, despite the Bank of Canada's interest rate cuts and trade uncertaint...
Loonie's Plunge Creates Investment Dilemma for Canadians
The Canadian dollar has fallen to a four-year low against the U.S. dollar, creating a dilemma for investors holding U.S.-dollar assets, who are seeing unexpectedly high returns in Canadian dollar terms due to the currency exchange, despite the Bank of Canada's interest rate cuts and trade uncertaint...
Progress
48% Bias Score
US Markets Retreat Amid Higher Inflation
US markets fell on Thursday following higher-than-expected producer and consumer inflation numbers; the S&P 500 and Dow Jones fell, while the 10-year Treasury yield rose to 4.334%. Conversely, Broadcom shares surged after announcing better-than-expected earnings.
US Markets Retreat Amid Higher Inflation
US markets fell on Thursday following higher-than-expected producer and consumer inflation numbers; the S&P 500 and Dow Jones fell, while the 10-year Treasury yield rose to 4.334%. Conversely, Broadcom shares surged after announcing better-than-expected earnings.
Progress
40% Bias Score
"ECB Cuts Interest Rates by 0.25 Percentage Points, Signals Further Easing in 2025"
"The European Central Bank (ECB) implemented a 0.25 percentage point interest rate cut, bringing deposit, refinancing, and lending facility rates to 3.00%, 3.15%, and 3.40% respectively, signaling further easing in 2025 due to inflation nearing the target and economic slowdown; this follows internal...
"ECB Cuts Interest Rates by 0.25 Percentage Points, Signals Further Easing in 2025"
"The European Central Bank (ECB) implemented a 0.25 percentage point interest rate cut, bringing deposit, refinancing, and lending facility rates to 3.00%, 3.15%, and 3.40% respectively, signaling further easing in 2025 due to inflation nearing the target and economic slowdown; this follows internal...
Progress
32% Bias Score
Global Bond Yields Rise, Stalling European Markets Amidst Contrasting US and China Economic Trends
Rising global government bond yields stalled European stock market rallies, while the US and China showed contrasting economic trends: the US saw stable inflation and a gradual Fed rate cut expectation, while China's stimulus boosted its stock markets and commodity prices, despite global uncertainti...
Global Bond Yields Rise, Stalling European Markets Amidst Contrasting US and China Economic Trends
Rising global government bond yields stalled European stock market rallies, while the US and China showed contrasting economic trends: the US saw stable inflation and a gradual Fed rate cut expectation, while China's stimulus boosted its stock markets and commodity prices, despite global uncertainti...
Progress
44% Bias Score
Canada Cuts Interest Rates, Loosens Mortgage Rules to Boost Housing Sales
The Bank of Canada cut interest rates by 50 points to 3.25 percent, while the federal government loosened mortgage rules, allowing smaller down payments and longer repayment terms. The central bank expects these actions to increase housing sales in 2025.
Canada Cuts Interest Rates, Loosens Mortgage Rules to Boost Housing Sales
The Bank of Canada cut interest rates by 50 points to 3.25 percent, while the federal government loosened mortgage rules, allowing smaller down payments and longer repayment terms. The central bank expects these actions to increase housing sales in 2025.
Progress
40% Bias Score
HELOC Rates Expected to Fall Further After December Fed Meeting
HELOC interest rates have dropped from 10.16% on January 3, 2024, to 8.53% on December 12, 2024, and are expected to fall further after the December Federal Reserve meeting, which is anticipated to cut the federal funds rate by 25 basis points; however, the actual change may be muted due to lenders ...
HELOC Rates Expected to Fall Further After December Fed Meeting
HELOC interest rates have dropped from 10.16% on January 3, 2024, to 8.53% on December 12, 2024, and are expected to fall further after the December Federal Reserve meeting, which is anticipated to cut the federal funds rate by 25 basis points; however, the actual change may be muted due to lenders ...
Progress
48% Bias Score
ECB Cuts Interest Rates for Fourth Time in 2023
The European Central Bank (ECB) reduced its key interest rates by 25 basis points on December 12, 2023, marking the fourth rate cut this year, bringing the deposit facility rate to 3 percent, the main refinancing operation rate to 3.15 percent, and the marginal lending facility rate to 3.4 percent, ...
ECB Cuts Interest Rates for Fourth Time in 2023
The European Central Bank (ECB) reduced its key interest rates by 25 basis points on December 12, 2023, marking the fourth rate cut this year, bringing the deposit facility rate to 3 percent, the main refinancing operation rate to 3.15 percent, and the marginal lending facility rate to 3.4 percent, ...
Progress
32% Bias Score
"ECB Cuts Interest Rates Amidst Revised Growth and Inflation Projections"
"The European Central Bank (ECB) cut interest rates by 0.25% on Thursday, marking the fourth reduction since June. This decision follows downward revisions to Eurozone growth projections for 2024-2026, attributed to weaker exports and potential US tariffs, while inflation predictions have improved."
"ECB Cuts Interest Rates Amidst Revised Growth and Inflation Projections"
"The European Central Bank (ECB) cut interest rates by 0.25% on Thursday, marking the fourth reduction since June. This decision follows downward revisions to Eurozone growth projections for 2024-2026, attributed to weaker exports and potential US tariffs, while inflation predictions have improved."
Progress
44% Bias Score
"Higher-Than-Expected Inflation Fuels Global Market Decline"
"US producer prices rose 0.4% in November, exceeding expectations and contributing to market declines; the S&P 500 and Dow fell 0.54% and 0.53%, respectively, while Asia-Pacific markets also retreated."
"Higher-Than-Expected Inflation Fuels Global Market Decline"
"US producer prices rose 0.4% in November, exceeding expectations and contributing to market declines; the S&P 500 and Dow fell 0.54% and 0.53%, respectively, while Asia-Pacific markets also retreated."
Progress
48% Bias Score
Bank of Canada Cuts Rate Amid U.S. Tariff Uncertainty
The Bank of Canada lowered its key interest rate to 3.25 percent on Wednesday, citing uncertainty caused by U.S. president-elect Donald Trump's potential imposition of tariffs on Canadian goods.
Bank of Canada Cuts Rate Amid U.S. Tariff Uncertainty
The Bank of Canada lowered its key interest rate to 3.25 percent on Wednesday, citing uncertainty caused by U.S. president-elect Donald Trump's potential imposition of tariffs on Canadian goods.
Progress
8% Bias Score
Bank of Canada Shifts to Gradual Rate Cuts Amidst Economic Uncertainty
The Bank of Canada shifted to a more gradual approach to monetary policy due to a tepid labor market, weaker-than-expected GDP growth, and significant uncertainty surrounding US tariffs and immigration policy changes.
Bank of Canada Shifts to Gradual Rate Cuts Amidst Economic Uncertainty
The Bank of Canada shifted to a more gradual approach to monetary policy due to a tepid labor market, weaker-than-expected GDP growth, and significant uncertainty surrounding US tariffs and immigration policy changes.
Progress
40% Bias Score