Tag #Interest Rates

Showing 361 to 372 of 1,724 results

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Trump Considers Firing Federal Reserve Chair Powell

Donald Trump considered firing Federal Reserve Chair Jerome Powell, discussing it with 11 Republicans who reportedly supported the dismissal; however, Trump now says it's unlikely unless Powell leaves for fraud, citing a cost overrun in the Fed's headquarters renovation as a potential reason.

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60% Bias Score

Reduced Inequality
thetimes.com
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UK Economic Snapshot: Contrasting Corporate Performances Amidst Labor Market Weakness

Coats Group's stock fell 8% following a £246 million share issue for a $770 million acquisition; Jaguar Land Rover is cutting 500 UK management jobs due to trade tariff impacts; EasyJet's third-quarter profit rose 25% despite anticipated full-year setbacks from fuel costs and strikes; Ocado Retail r...

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40% Bias Score

Decent Work and Economic Growth
smh.com.au
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Rising Unemployment in Australia Challenges RBA's Monetary Policy

Australia's June unemployment rate rose to 4.3 percent, exceeding forecasts and the Reserve Bank's projection, adding 34,000 unemployed and decreasing hours worked; this challenges the RBA's previous assessment of a tight labor market and raises questions about future monetary policy.

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60% Bias Score

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cbsnews.com
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Sacramento Housing Market Slowdown: June Sales Plummet

The Sacramento-area housing market saw a sharp decline in June 2024, one of the worst Junes in 25 years, with sellers facing lengthy wait times and price reductions due to fewer buyers and persistent high interest rates.

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44% Bias Score

Reduced Inequality
theguardian.com
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Trump Considers Firing Fed Chair Powell, Sparking Market Volatility

President Trump considered firing Federal Reserve Chair Jerome Powell, causing market volatility, but later stated it was unlikely unless fraud was involved; the incident raises concerns about the Fed's independence, particularly given Powell's resistance to Trump's calls for interest rate cuts.

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52% Bias Score

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cnn.com
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Trump Threatens to Fire Fed Chair Powell Over $2.5 Billion Renovation

President Trump threatened to fire Federal Reserve Chair Jerome Powell over a $2.5 billion renovation project at the Fed's headquarters, escalating his long-standing criticism of Powell's monetary policies; the renovation, approved in 2017, faced cost overruns due to unforeseen conditions, raising c...

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56% Bias Score

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smh.com.au
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Wall Street and Australian Markets Rise on Positive Economic Data

US and Australian stock markets surged following positive economic data and strong corporate earnings reports, while the Australian dollar fell and the Federal Reserve maintained a cautious approach to interest rates.

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40% Bias Score

Decent Work and Economic Growth
cbsnews.com
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Inflation Climbs, Raising Concerns About Credit Card Interest Rates

June's inflation rose to 2.7% annually, exceeding expectations and driven by food price increases, potentially leading to further credit card interest rate hikes.

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40% Bias Score

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bbc.com
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UK Jobs Market Weakens as Unemployment Rises

The UK's unemployment rate increased to 4.7% (highest in four years), wage growth slowed to 5%, and job vacancies fell to 727,000 (lowest in a decade excluding the pandemic), prompting predictions of an interest rate cut by the Bank of England to stimulate the economy.

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44% Bias Score

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bbc.com
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Trump Considers Dismissing Fed Chair Powell, Then Recedes

President Trump considered firing Federal Reserve Chair Jerome Powell due to policy disagreements, causing market fluctuations, but stated it's "highly unlikely" unless Powell leaves for fraud; this raises concerns about political interference in the Fed's independence.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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Trump's Fed Attacks Fuel Inflation Fears, Market Volatility

President Trump's repeated calls for Federal Reserve Chair Jerome Powell's resignation are causing investors to prepare for higher inflation and increased market volatility, as evidenced by rising 30-year Treasury yields exceeding 5 percent and a three-month high in breakeven inflation indicated by ...

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40% Bias Score

Reduced Inequality
us.cnn.com
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Trump Threatens to Fire Fed Chair Powell Over $2.5 Billion Renovation

President Trump threatened to fire Federal Reserve Chair Jerome Powell over a $2.5 billion renovation at the Fed's headquarters, escalating his months-long campaign for lower interest rates; JPMorgan Chase CEO Jamie Dimon warned against political interference with the Fed.

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52% Bias Score

Reduced Inequality

Showing 361 to 372 of 1,724 results