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
Oil Prices Rise on Sanctions, Stockpile Draw
U.S. sanctions on Russian oil, coupled with a decrease in U.S. crude oil stocks, drove up global oil prices on Wednesday; Brent crude reached $80.57 per barrel, while West Texas Intermediate hit $78.29, amidst uncertainty about the sanctions' full impact.
Oil Prices Rise on Sanctions, Stockpile Draw
U.S. sanctions on Russian oil, coupled with a decrease in U.S. crude oil stocks, drove up global oil prices on Wednesday; Brent crude reached $80.57 per barrel, while West Texas Intermediate hit $78.29, amidst uncertainty about the sanctions' full impact.
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36% Bias Score
Muted Futures Await Key Economic Data and Bank Earnings
Wednesday's muted U.S. futures market awaits key bank earnings and the December CPI report, expected to rise 2.9%, potentially influencing the Federal Reserve's rate-cutting trajectory; the S&P 500 Banks Index is up 3% in January.
Muted Futures Await Key Economic Data and Bank Earnings
Wednesday's muted U.S. futures market awaits key bank earnings and the December CPI report, expected to rise 2.9%, potentially influencing the Federal Reserve's rate-cutting trajectory; the S&P 500 Banks Index is up 3% in January.
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32% Bias Score
Dollar Rally Pauses Ahead of U.S. Inflation Report
The U.S. dollar's rally paused on Wednesday ahead of a closely watched U.S. inflation report, with the euro and British pound also fluctuating due to economic concerns; the dollar was last at 109.23 against a basket of currencies, down from Monday's peak of 110.17.
Dollar Rally Pauses Ahead of U.S. Inflation Report
The U.S. dollar's rally paused on Wednesday ahead of a closely watched U.S. inflation report, with the euro and British pound also fluctuating due to economic concerns; the dollar was last at 109.23 against a basket of currencies, down from Monday's peak of 110.17.
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36% Bias Score
December Inflation Rise Could Restrict Fed Rate Cuts
U.S. inflation likely increased to 2.8% in December 2024, fueled by higher gas, egg, and used car prices; this rise, exceeding the Fed's 2% target, could limit interest rate cuts despite a robust job market and concerns about the impact of President-elect Trump's proposed policies.
December Inflation Rise Could Restrict Fed Rate Cuts
U.S. inflation likely increased to 2.8% in December 2024, fueled by higher gas, egg, and used car prices; this rise, exceeding the Fed's 2% target, could limit interest rate cuts despite a robust job market and concerns about the impact of President-elect Trump's proposed policies.
Progress
40% Bias Score
December CPI Inflation Accelerates to 2.9%, Fed Rate Cut Still Unlikely in January or March
The December 2024 CPI report showed year-on-year total CPI inflation accelerating to 2.9%, the highest since July 2024, while core CPI decelerated slightly to 3.2%; despite this, financial markets predict no Fed interest rate changes in January or March, but a rate cut in May or June 2025 is possibl...
December CPI Inflation Accelerates to 2.9%, Fed Rate Cut Still Unlikely in January or March
The December 2024 CPI report showed year-on-year total CPI inflation accelerating to 2.9%, the highest since July 2024, while core CPI decelerated slightly to 3.2%; despite this, financial markets predict no Fed interest rate changes in January or March, but a rate cut in May or June 2025 is possibl...
Progress
36% Bias Score
China to Adjust Monetary Policy in 2025 to Boost Economic Growth
China's central bank plans to adjust monetary policy intensity and pace in 2025 to meet economic targets, including potential interest rate cuts and optimized stock market support tools, while managing bond market speculation; December 2024 saw a 7.3 percent year-on-year increase in broad money supp...
China to Adjust Monetary Policy in 2025 to Boost Economic Growth
China's central bank plans to adjust monetary policy intensity and pace in 2025 to meet economic targets, including potential interest rate cuts and optimized stock market support tools, while managing bond market speculation; December 2024 saw a 7.3 percent year-on-year increase in broad money supp...
Progress
40% Bias Score
BlackRock Q4 Earnings Beat Expectations, Driving Stock Surge
BlackRock's Q4 2024 earnings exceeded expectations, with $5.68 billion in revenue and $11.93 adjusted EPS, driven by record $281 billion net inflows and strategic acquisitions in alternative investments; this fueled a stock price increase and positive market outlook.
BlackRock Q4 Earnings Beat Expectations, Driving Stock Surge
BlackRock's Q4 2024 earnings exceeded expectations, with $5.68 billion in revenue and $11.93 adjusted EPS, driven by record $281 billion net inflows and strategic acquisitions in alternative investments; this fueled a stock price increase and positive market outlook.
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60% Bias Score
Wall Street Surges on Positive Inflation Data and Strong Bank Earnings
Wednesday's Wall Street surge stemmed from positive inflation data—the consumer price index (CPI) excluding food and energy coming in below expectations—and strong bank earnings, increasing the odds of Federal Reserve interest rate cuts and boosting investor confidence.
Wall Street Surges on Positive Inflation Data and Strong Bank Earnings
Wednesday's Wall Street surge stemmed from positive inflation data—the consumer price index (CPI) excluding food and energy coming in below expectations—and strong bank earnings, increasing the odds of Federal Reserve interest rate cuts and boosting investor confidence.
Progress
56% Bias Score
BOJ to Debate Interest Rate Hike Next Week
The Bank of Japan will likely raise interest rates next week, contingent on the absence of significant market shocks from incoming US President Trump's policies, according to Governor Kazuo Ueda's statement on Wednesday. The yen gained 0.5 percent against the dollar following the announcement, and t...
BOJ to Debate Interest Rate Hike Next Week
The Bank of Japan will likely raise interest rates next week, contingent on the absence of significant market shocks from incoming US President Trump's policies, according to Governor Kazuo Ueda's statement on Wednesday. The yen gained 0.5 percent against the dollar following the announcement, and t...
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36% Bias Score
US Stocks Surge on Positive Inflation Data and Strong Bank Earnings
Encouraging US inflation data and strong bank earnings sent US stocks soaring Wednesday, with the S&P 500 up 1.7 percent, Dow Jones up 1.6 percent, and Nasdaq up 2.2 percent; the positive trend is expected to continue in the Australian market, while easing Treasury yields reflect growing hopes for f...
US Stocks Surge on Positive Inflation Data and Strong Bank Earnings
Encouraging US inflation data and strong bank earnings sent US stocks soaring Wednesday, with the S&P 500 up 1.7 percent, Dow Jones up 1.6 percent, and Nasdaq up 2.2 percent; the positive trend is expected to continue in the Australian market, while easing Treasury yields reflect growing hopes for f...
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52% Bias Score
Sydney House Prices Fall Amidst High Interest Rates
Sydney house prices fell 0.1 percent in December, marking the first back-to-back quarterly decline in two years due to high interest rates and reduced borrowing capacity; however, unit prices reached a record high.
Sydney House Prices Fall Amidst High Interest Rates
Sydney house prices fell 0.1 percent in December, marking the first back-to-back quarterly decline in two years due to high interest rates and reduced borrowing capacity; however, unit prices reached a record high.
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44% Bias Score