Weak UK Retail Sales Fuel Expectations of BOE Rate Cuts
Weak UK retail sales in December (-0.3% MoM), defying forecasts, add to economic concerns, fueling market expectations of over 75 basis points in Bank of England interest rate cuts in 2025 and complicating Finance Minister Rachel Reeves's economic agenda amid high bond yields and inflation.
Weak UK Retail Sales Fuel Expectations of BOE Rate Cuts
Weak UK retail sales in December (-0.3% MoM), defying forecasts, add to economic concerns, fueling market expectations of over 75 basis points in Bank of England interest rate cuts in 2025 and complicating Finance Minister Rachel Reeves's economic agenda amid high bond yields and inflation.
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52% Bias Score
Greek Mortgage Subsidy Program Faces High Demand, Forcing Borrowers to Weigh Fixed vs. Variable Rates
In Greece, a new subsidized mortgage program anticipates 20,000 applications, yet faces significantly higher demand; borrowers not securing the subsidy must choose between fixed and variable interest rates, demanding careful consideration of long-term affordability and risk.
Greek Mortgage Subsidy Program Faces High Demand, Forcing Borrowers to Weigh Fixed vs. Variable Rates
In Greece, a new subsidized mortgage program anticipates 20,000 applications, yet faces significantly higher demand; borrowers not securing the subsidy must choose between fixed and variable interest rates, demanding careful consideration of long-term affordability and risk.
Progress
36% Bias Score
Core CPI Below Estimates, Stocks Surge
U.S. core inflation in December was lower than expected at 0.2% monthly and 3.2% annually, causing the U.S. 10-year Treasury yield to fall and stock markets to surge in their best day since November, while banks reported exceeding earnings estimates.
Core CPI Below Estimates, Stocks Surge
U.S. core inflation in December was lower than expected at 0.2% monthly and 3.2% annually, causing the U.S. 10-year Treasury yield to fall and stock markets to surge in their best day since November, while banks reported exceeding earnings estimates.
Progress
40% Bias Score
Inflation Rise Pushes Mortgage Rates Higher
US inflation rose to 2.9% annually in December, exceeding forecasts and impacting borrowing costs, potentially affecting the Federal Reserve's approach to future rate cuts and further increasing mortgage rates which currently average 7.01% for a 30 year fixed rate mortgage.
Inflation Rise Pushes Mortgage Rates Higher
US inflation rose to 2.9% annually in December, exceeding forecasts and impacting borrowing costs, potentially affecting the Federal Reserve's approach to future rate cuts and further increasing mortgage rates which currently average 7.01% for a 30 year fixed rate mortgage.
Progress
40% Bias Score
Bank of England Poised for February Rate Cut Amid Weak Growth and Inflation
Following weaker inflation (2.5 percent in December) and slow economic growth (0.1 percent in November), the Bank of England is expected to cut interest rates in February 2025, a move supported by economists who point to the need to stimulate the economy.
Bank of England Poised for February Rate Cut Amid Weak Growth and Inflation
Following weaker inflation (2.5 percent in December) and slow economic growth (0.1 percent in November), the Bank of England is expected to cut interest rates in February 2025, a move supported by economists who point to the need to stimulate the economy.
Progress
36% Bias Score
UK Economy Shows Slight Growth in November Amidst Stagnation Concerns
The UK economy grew by 0.1% in November, following a 0.1% drop in October, but this slower-than-expected growth raises concerns about stagnation despite a rise in services and construction, offset by falls in manufacturing and other sectors.
UK Economy Shows Slight Growth in November Amidst Stagnation Concerns
The UK economy grew by 0.1% in November, following a 0.1% drop in October, but this slower-than-expected growth raises concerns about stagnation despite a rise in services and construction, offset by falls in manufacturing and other sectors.
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60% Bias Score
European Markets Rise Despite Mixed Economic Data
European markets opened higher on Friday, following strong Wednesday gains and a 0.1% rise in UK GDP in November, despite a 0.3% fall in December retail sales and ended merger talks between Glencore and Rio Tinto; rising Eurozone inflation adds complexity.
European Markets Rise Despite Mixed Economic Data
European markets opened higher on Friday, following strong Wednesday gains and a 0.1% rise in UK GDP in November, despite a 0.3% fall in December retail sales and ended merger talks between Glencore and Rio Tinto; rising Eurozone inflation adds complexity.
Progress
24% Bias Score
Short-Term CDs: A Strategic Savings Option for 2025
Short-term CDs offer flexibility, quick returns, and potential for future rate increases, benefiting savers seeking adaptability in 2025's volatile interest rate climate; a \$10,000, 6-month CD at 4.61% yields about \$230.
Short-Term CDs: A Strategic Savings Option for 2025
Short-term CDs offer flexibility, quick returns, and potential for future rate increases, benefiting savers seeking adaptability in 2025's volatile interest rate climate; a \$10,000, 6-month CD at 4.61% yields about \$230.
Progress
48% Bias Score
Rising Treasury Yields Shake Stock Market Despite Fed Rate Cuts
The 10-year Treasury yield hit 4.80%, its highest since 2023, causing stock market declines despite the Federal Reserve cutting interest rates three times since September due to investor concerns about future inflation and economic strength.
Rising Treasury Yields Shake Stock Market Despite Fed Rate Cuts
The 10-year Treasury yield hit 4.80%, its highest since 2023, causing stock market declines despite the Federal Reserve cutting interest rates three times since September due to investor concerns about future inflation and economic strength.
Progress
36% Bias Score
Bank of Canada to End Quantitative Tightening Program
The Bank of Canada plans to halt its quantitative tightening (QT) program in the first half of 2024, resuming asset purchases to stabilize its balance sheet at a higher level than before the pandemic; this impacts commercial banks and market liquidity.
Bank of Canada to End Quantitative Tightening Program
The Bank of Canada plans to halt its quantitative tightening (QT) program in the first half of 2024, resuming asset purchases to stabilize its balance sheet at a higher level than before the pandemic; this impacts commercial banks and market liquidity.
Progress
32% Bias Score
Fed Slows Rate Cuts Amid Inflation, Strong Labor Market
The Federal Reserve cut interest rates three times near the end of 2024, reducing the federal funds rate by one percentage point. In 2025, further rate cuts are expected, though at a slower pace than previously anticipated due to ongoing inflation and a strong labor market; experts predict credit ca...
Fed Slows Rate Cuts Amid Inflation, Strong Labor Market
The Federal Reserve cut interest rates three times near the end of 2024, reducing the federal funds rate by one percentage point. In 2025, further rate cuts are expected, though at a slower pace than previously anticipated due to ongoing inflation and a strong labor market; experts predict credit ca...
Progress
28% Bias Score
Conflicting Australian Jobs Data Clouds RBA Rate Cut Outlook
Australia's unemployment rate unexpectedly rose to 4% in December, despite 56,300 new jobs, creating uncertainty about the Reserve Bank of Australia's planned interest rate cut; high inflation and housing shortages impacted household spending.
Conflicting Australian Jobs Data Clouds RBA Rate Cut Outlook
Australia's unemployment rate unexpectedly rose to 4% in December, despite 56,300 new jobs, creating uncertainty about the Reserve Bank of Australia's planned interest rate cut; high inflation and housing shortages impacted household spending.
Progress
40% Bias Score