Trump Demands Immediate Interest Rate Cuts from Federal Reserve
President Trump, speaking at the Davos World Economic Forum, publicly demanded that the Federal Reserve immediately lower interest rates, despite the Fed's projected rate cut in June and the current target range of 4.25%-4.5%, contrasting with the Fed's emphasis on independence from political influe...
Trump Demands Immediate Interest Rate Cuts from Federal Reserve
President Trump, speaking at the Davos World Economic Forum, publicly demanded that the Federal Reserve immediately lower interest rates, despite the Fed's projected rate cut in June and the current target range of 4.25%-4.5%, contrasting with the Fed's emphasis on independence from political influe...
Progress
44% Bias Score
Federal Reserve Rate Cuts Dip CD Interest Rates
The Federal Reserve's three 2024 rate cuts lowered CD interest rates from approximately 5% to the 4-4.5% range, impacting short-term CDs most significantly, as banks adjusted deposit account rates and savers shifted to long-term options or high-yield accounts.
Federal Reserve Rate Cuts Dip CD Interest Rates
The Federal Reserve's three 2024 rate cuts lowered CD interest rates from approximately 5% to the 4-4.5% range, impacting short-term CDs most significantly, as banks adjusted deposit account rates and savers shifted to long-term options or high-yield accounts.
Progress
36% Bias Score
Federal Reserve Monetary Policy Rule: Unnecessary and Harmful
This article refutes the Cato Institute's proposal for the Federal Reserve to adopt a monetary policy rule, arguing that market forces driven by production, not central banks, determine money supply, and that government intervention is inherently harmful.
Federal Reserve Monetary Policy Rule: Unnecessary and Harmful
This article refutes the Cato Institute's proposal for the Federal Reserve to adopt a monetary policy rule, arguing that market forces driven by production, not central banks, determine money supply, and that government intervention is inherently harmful.
Progress
56% 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
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
Wholesale Inflation Up 0.2% in December, Driven by Energy Prices
U.S. wholesale inflation rose 0.2% in December due to higher energy prices, particularly a 9.7% increase in gasoline, while food prices fell 0.1%; the year-over-year increase reached 3.3%, exceeding forecasts and boosting U.S. markets.
Wholesale Inflation Up 0.2% in December, Driven by Energy Prices
U.S. wholesale inflation rose 0.2% in December due to higher energy prices, particularly a 9.7% increase in gasoline, while food prices fell 0.1%; the year-over-year increase reached 3.3%, exceeding forecasts and boosting U.S. markets.
Progress
44% Bias Score
ECB Unconcerned About Imported Inflation, to Continue Gradual Rate Cuts
ECB President Christine Lagarde stated on Wednesday that the institution is not overly concerned about imported inflation from the U.S. and will continue to gradually cut interest rates; Eurozone inflation was 2.4% in December, and the ECB aims to reach its 2% inflation target by 2025.
ECB Unconcerned About Imported Inflation, to Continue Gradual Rate Cuts
ECB President Christine Lagarde stated on Wednesday that the institution is not overly concerned about imported inflation from the U.S. and will continue to gradually cut interest rates; Eurozone inflation was 2.4% in December, and the ECB aims to reach its 2% inflation target by 2025.
Progress
36% Bias Score
Canada's Inflation Slows to 1.8% in December
Canada's annual inflation rate fell to 1.8 percent in December, driven partly by a temporary sales tax break and exceeding analysts' expectations of 1.9 percent; month-on-month contraction was 0.4 percent.
Canada's Inflation Slows to 1.8% in December
Canada's annual inflation rate fell to 1.8 percent in December, driven partly by a temporary sales tax break and exceeding analysts' expectations of 1.9 percent; month-on-month contraction was 0.4 percent.
Progress
4% Bias Score
Bitcoin Surges Past \$100,000 on Positive Inflation Data and Policy Expectations
Bitcoin prices rallied above \$100,000 on January 15th, recovering from a drop below \$90,000 due to positive inflation reports suggesting a less hawkish Federal Reserve and anticipation of a pro-crypto policy under the incoming administration.
Bitcoin Surges Past \$100,000 on Positive Inflation Data and Policy Expectations
Bitcoin prices rallied above \$100,000 on January 15th, recovering from a drop below \$90,000 due to positive inflation reports suggesting a less hawkish Federal Reserve and anticipation of a pro-crypto policy under the incoming administration.
Progress
40% Bias Score
German Household Assets Soar Amidst Growing Wealth Inequality
In Q3 2023, German household liquid assets surged by €200 billion to €9.004 trillion, fueled by increased savings (€73 billion) and asset appreciation (€124 billion), but this masks severe wealth inequality, with the top 10% owning over 70% of net assets.
German Household Assets Soar Amidst Growing Wealth Inequality
In Q3 2023, German household liquid assets surged by €200 billion to €9.004 trillion, fueled by increased savings (€73 billion) and asset appreciation (€124 billion), but this masks severe wealth inequality, with the top 10% owning over 70% of net assets.
Progress
48% Bias Score
China's Cross-Border Trade Soars to Record High in 2024
In 2024, China's cross-border non-banking receipts and payments hit a record high of \$14.3 trillion, a 14.6 percent increase year-on-year, driven by proactive monetary policies that included reserve requirement ratio cuts and interest rate reductions, resulting in stable financial markets and a str...
China's Cross-Border Trade Soars to Record High in 2024
In 2024, China's cross-border non-banking receipts and payments hit a record high of \$14.3 trillion, a 14.6 percent increase year-on-year, driven by proactive monetary policies that included reserve requirement ratio cuts and interest rate reductions, resulting in stable financial markets and a str...
Progress
28% Bias Score
PBOC Halts Bond Purchases to Counter Yuan Weakness
China's central bank halted government bond purchases on Friday to counter a weakening yuan and record-low bond yields, driven by a widening yield gap with U.S. bonds and expectations of future stimulus. The move aims to stabilize the currency and increase yields.
PBOC Halts Bond Purchases to Counter Yuan Weakness
China's central bank halted government bond purchases on Friday to counter a weakening yuan and record-low bond yields, driven by a widening yield gap with U.S. bonds and expectations of future stimulus. The move aims to stabilize the currency and increase yields.
Progress
24% Bias Score