Global Economic Growth Slows Amidst Rising Trade Protectionism
The IMF projects 3.2% global economic growth in 2025, but a potential Trump presidency and its threatened tariffs on key trading partners like China and Mexico pose significant risks to global economic stability, potentially disrupting supply chains and increasing inflation, as analysts warn.
Global Economic Growth Slows Amidst Rising Trade Protectionism
The IMF projects 3.2% global economic growth in 2025, but a potential Trump presidency and its threatened tariffs on key trading partners like China and Mexico pose significant risks to global economic stability, potentially disrupting supply chains and increasing inflation, as analysts warn.
Progress
52% Bias Score
UK Government Rejects Intervention as Pound Falls to 2023 Low
The UK government rejected calls for intervention as the pound fell to its lowest level against the dollar since November 2023 due to concerns about the budget's impact on growth, unemployment, and interest rates, causing increased borrowing costs.
UK Government Rejects Intervention as Pound Falls to 2023 Low
The UK government rejected calls for intervention as the pound fell to its lowest level against the dollar since November 2023 due to concerns about the budget's impact on growth, unemployment, and interest rates, causing increased borrowing costs.
Progress
56% Bias Score
UK Economic Crisis: Pound Falls, Borrowing Costs Soar, and Reeves Faces Pressure
Amidst a falling pound and rising government borrowing costs, Chancellor Rachel Reeves faces pressure to cancel her China trip as the UK's economic situation worsens, potentially requiring spending cuts or tax hikes to meet fiscal targets; yields on 10-year gilts reached their highest since 2008, an...
UK Economic Crisis: Pound Falls, Borrowing Costs Soar, and Reeves Faces Pressure
Amidst a falling pound and rising government borrowing costs, Chancellor Rachel Reeves faces pressure to cancel her China trip as the UK's economic situation worsens, potentially requiring spending cuts or tax hikes to meet fiscal targets; yields on 10-year gilts reached their highest since 2008, an...
Progress
44% Bias Score
Mixed Global Market Reaction to U.S. Data and Trump Presidency Concerns
Global markets reacted with mixed results on Thursday to U.S. economic data and concerns over President-elect Trump's policies; Asian markets mostly declined, while European markets were mostly unchanged or slightly up, with the Nikkei 225 falling 0.9% to 39,605.09 and the S&P 500 futures down 0.2%.
Mixed Global Market Reaction to U.S. Data and Trump Presidency Concerns
Global markets reacted with mixed results on Thursday to U.S. economic data and concerns over President-elect Trump's policies; Asian markets mostly declined, while European markets were mostly unchanged or slightly up, with the Nikkei 225 falling 0.9% to 39,605.09 and the S&P 500 futures down 0.2%.
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44% Bias Score
Bitcoin Falls Below $93,000 on Robust Economic Data
Robust economic data causing concerns over slower Federal Reserve rate cuts led to Bitcoin prices falling below $93,000 today, a 10% drop from Monday's high of $102,700, impacting investor confidence in risk assets.
Bitcoin Falls Below $93,000 on Robust Economic Data
Robust economic data causing concerns over slower Federal Reserve rate cuts led to Bitcoin prices falling below $93,000 today, a 10% drop from Monday's high of $102,700, impacting investor confidence in risk assets.
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24% Bias Score
Australian Dollar Falls to US62¢ Amidst China Slowdown and US Interest Rate Outlook
The Australian dollar has fallen to US62¢, its lowest since the early 2010s, due to reduced demand from China and the US Federal Reserve signaling fewer interest rate cuts, impacting importers and benefiting exporters.
Australian Dollar Falls to US62¢ Amidst China Slowdown and US Interest Rate Outlook
The Australian dollar has fallen to US62¢, its lowest since the early 2010s, due to reduced demand from China and the US Federal Reserve signaling fewer interest rate cuts, impacting importers and benefiting exporters.
Progress
36% Bias Score
Fed Officials Voice Inflation Concerns Amidst Rising Interest Rates
Federal Reserve officials voiced concerns about President-elect Trump's policies potentially hindering their efforts to lower inflation to 2%; investors now predict higher interest rates persisting into 2025, causing a rise in the 10-year Treasury note yield to 4.7% and the average 30-year mortgage ...
Fed Officials Voice Inflation Concerns Amidst Rising Interest Rates
Federal Reserve officials voiced concerns about President-elect Trump's policies potentially hindering their efforts to lower inflation to 2%; investors now predict higher interest rates persisting into 2025, causing a rise in the 10-year Treasury note yield to 4.7% and the average 30-year mortgage ...
Progress
44% Bias Score
Fed Slows Rate Cuts Amid Trump Policy Uncertainty
Federal Reserve officials expressed concern in December over inflation and the uncertainty surrounding President-elect Trump's policies, leading them to slow interest rate cuts, lowering the benchmark to 4.25%-4.5% and reducing their outlook for future cuts from four to two in 2025; the minutes high...
Fed Slows Rate Cuts Amid Trump Policy Uncertainty
Federal Reserve officials expressed concern in December over inflation and the uncertainty surrounding President-elect Trump's policies, leading them to slow interest rate cuts, lowering the benchmark to 4.25%-4.5% and reducing their outlook for future cuts from four to two in 2025; the minutes high...
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48% Bias Score
Oxford Economics Predicts Sharp Drop in UK Interest Rates by 2027
Oxford Economics forecasts UK interest rates to fall to 2.5% by late 2027, contrasting sharply with the 3.75% market consensus, due to anticipated demographic impacts and a reassessment of inflation; this could significantly lower mortgage rates eventually, although lenders' responses remain uncerta...
Oxford Economics Predicts Sharp Drop in UK Interest Rates by 2027
Oxford Economics forecasts UK interest rates to fall to 2.5% by late 2027, contrasting sharply with the 3.75% market consensus, due to anticipated demographic impacts and a reassessment of inflation; this could significantly lower mortgage rates eventually, although lenders' responses remain uncerta...
Progress
36% Bias Score
US Stocks Mixed Amid Fed Cautiousness and Tariff Concerns
U.S. stocks closed mixed on Wednesday following the release of the Federal Reserve's December meeting minutes, which indicated a gradual pace of interest rate cuts in 2025; the Dow rose 0.25 percent, the S&P 500 rose 0.16 percent, and the Nasdaq fell 0.06 percent amid concerns about potential Trump ...
US Stocks Mixed Amid Fed Cautiousness and Tariff Concerns
U.S. stocks closed mixed on Wednesday following the release of the Federal Reserve's December meeting minutes, which indicated a gradual pace of interest rate cuts in 2025; the Dow rose 0.25 percent, the S&P 500 rose 0.16 percent, and the Nasdaq fell 0.06 percent amid concerns about potential Trump ...
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36% Bias Score
ECB Rate Cuts Threaten Bank Profits; UBS Highlights Six Outperforming Banks
Following record profits from rising interest rates, the European Central Bank's (ECB) rate cuts starting in 2024 threaten European bank profitability. UBS analysts forecast continued strong performance from six selected banks, less sensitive to rate changes and focused on commission-based revenue.
ECB Rate Cuts Threaten Bank Profits; UBS Highlights Six Outperforming Banks
Following record profits from rising interest rates, the European Central Bank's (ECB) rate cuts starting in 2024 threaten European bank profitability. UBS analysts forecast continued strong performance from six selected banks, less sensitive to rate changes and focused on commission-based revenue.
Progress
36% Bias Score
Five Strategies to Reduce High Credit Card Interest Rates in 2025
With average American credit card debt exceeding \$8,000 and interest rates near 23%, multiple strategies exist to reduce interest charges, including balance transfer cards, negotiating lower rates, extra payments, debt consolidation, and the avalanche method.
Five Strategies to Reduce High Credit Card Interest Rates in 2025
With average American credit card debt exceeding \$8,000 and interest rates near 23%, multiple strategies exist to reduce interest charges, including balance transfer cards, negotiating lower rates, extra payments, debt consolidation, and the avalanche method.
Progress
44% Bias Score