Tag #Monetary Policy

Showing 109 to 120 of 396 results

theguardian.com
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RBA Holds Interest Rates, Defying Market Expectations

The Reserve Bank of Australia (RBA) surprisingly maintained the official cash rate at 3.85% despite widespread market expectations for a cut, citing slightly stronger-than-expected May inflation data, although underlying inflation was at a three-year low of 2.4%.

Progress

56% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Post-WWII German and Japanese Economic Recovery from Hyperinflation

Germany and Japan overcame post-WWII hyperinflation in 1949 by adopting 'cash-only' government budgets, eliminating deficit spending, and significantly reducing taxes after initially high rates, resulting in rapid economic growth and increased tax revenue.

Progress

60% Bias Score

No Poverty
kathimerini.gr
🌐 85% Global Worthiness
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Strong Euro Alarms ECB Amidst US Dollar Decline

The Euro's 14% surge against the dollar this year, reaching 1.18—its highest since September 2021—alarms the ECB, threatening Eurozone exports and inflation due to decreased confidence in the US dollar stemming from Trump's policies and increased US debt.

Progress

56% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Euro's Surge Against Dollar Raises ECB Concerns

The Euro has surged to its highest level against the dollar since 2021, rising 3.5% in less than a month, prompting concerns within the European Central Bank (ECB) about its potential negative impact on the Eurozone economy.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Recession Risk Outweighs Lower Interest Rate Benefits for Businesses

A 45% probability of recession in the next 12 months has economists concerned, as historical data suggests that interest rate cuts, while mitigating, do not offset the negative impact of recession on interest-sensitive sectors like car and home sales.

Progress

36% Bias Score

No Poverty
elpais.com
🌐 75% Global Worthiness
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Mexico Cuts Interest Rate Amid Economic Slowdown

Banco de México cut its benchmark interest rate by 50 basis points to 8%, its fourth consecutive cut this year, aiming to stimulate economic activity amid a slowdown and global uncertainties, despite inflation remaining above target; one board member dissented.

Progress

36% Bias Score

Decent Work and Economic Growth
smh.com.au
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RBA Defies Expectations, Holds Interest Rates Steady

The Reserve Bank of Australia (RBA) surprisingly held interest rates at 3.85 percent on July 11, 2024, defying widespread market expectations of a cut to 3.6 percent, due to a preference for waiting for June quarter inflation data, despite available monthly inflation figures, causing significant mar...

Progress

56% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Colombia's Inflation Slows to 4.82%, Exceeding Expectations

Colombia's June inflation rate slowed to 4.82%, down from 5.05% in May, exceeding analysts' expectations and marking progress toward the central bank's 3% target despite ongoing debates about the pace of interest rate cuts.

Progress

48% Bias Score

Reduced Inequality
kathimerini.gr
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ECB Integrates Climate Change into Monetary Policy, Differing from Fed Approach

The ECB is integrating climate change impacts into its monetary strategy, unlike the U.S. Federal Reserve, following evidence that the 2022 heatwave raised food inflation by 0.4-0.9 percentage points and negatively impacted German GDP.

Progress

44% Bias Score

Climate Action
elpais.com
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Weak European Investment Despite ECB Easing: Structural Reforms Needed

Insufficient investment in Europe, particularly in Spain, hinders economic growth despite the ECB's monetary easing; further cuts are limited, requiring structural reforms and joint resource allocation for significant improvement.

Progress

44% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Trump Renews Pressure on Federal Reserve for Sharp Interest Rate Cuts

President Trump publicly pressured Federal Reserve Chair Jerome Powell on July 8, 2024, to drastically lower interest rates to between 0.5% and 1.75%, citing significant economic losses, despite current low unemployment and inflation above the Fed's 2% target. This follows his previous calls for rat...

Progress

44% Bias Score

Decent Work and Economic Growth
bbc.com
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Bank of England Expected to Hold Interest Rates at 4.25%

The Bank of England is expected to hold interest rates at 4.25% today, balancing high inflation (3.4% in May) against signs of economic weakness; further cuts are anticipated later this year.

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 109 to 120 of 396 results