Showing 121 to 132 of 292 results
RBA Admits Delayed Interest Rate Hikes During 2022 Inflation Surge
Reserve Bank of Australia Governor Michele Bullock admitted the bank was too slow to raise interest rates during the 2022 inflation surge, which peaked at 7.8 percent in December, and that this delay influenced its recent decision to cut rates, the first such reduction in over four years. The RBA's ...
RBA Admits Delayed Interest Rate Hikes During 2022 Inflation Surge
Reserve Bank of Australia Governor Michele Bullock admitted the bank was too slow to raise interest rates during the 2022 inflation surge, which peaked at 7.8 percent in December, and that this delay influenced its recent decision to cut rates, the first such reduction in over four years. The RBA's ...
Progress
36% Bias Score
ECB Reports Record €7.944 Billion Loss in 2024
The European Central Bank (ECB) reported a record €7.944 billion loss in 2024 due to rising interest expenses exceeding interest income from assets acquired under previous stimulus programs, exceeding its financial risk reserve and resulting in no profit distribution to national central banks.
ECB Reports Record €7.944 Billion Loss in 2024
The European Central Bank (ECB) reported a record €7.944 billion loss in 2024 due to rising interest expenses exceeding interest income from assets acquired under previous stimulus programs, exceeding its financial risk reserve and resulting in no profit distribution to national central banks.
Progress
40% Bias Score
Fed Holds Interest Rates Steady Amid Rising Inflation Concerns
The Federal Reserve held its benchmark interest rate steady at 4.3% in January 2025, citing rising inflation risks from President Trump's proposed tariffs, strong consumer spending, and mass deportations of migrants; consumer prices rose 3% year-on-year, exceeding the Fed's preferred inflation measu...
Fed Holds Interest Rates Steady Amid Rising Inflation Concerns
The Federal Reserve held its benchmark interest rate steady at 4.3% in January 2025, citing rising inflation risks from President Trump's proposed tariffs, strong consumer spending, and mass deportations of migrants; consumer prices rose 3% year-on-year, exceeding the Fed's preferred inflation measu...
Progress
40% Bias Score
RBA Cuts Interest Rate Amid Eased Inflation, Weak Demand
The Reserve Bank of Australia (RBA) cut its official interest rate by 0.25 percentage points on Tuesday, citing eased inflationary pressures, weak private demand, and a lowered economic growth forecast of 2 percent for the current financial year, down from an earlier projection of 2.3 percent.
RBA Cuts Interest Rate Amid Eased Inflation, Weak Demand
The Reserve Bank of Australia (RBA) cut its official interest rate by 0.25 percentage points on Tuesday, citing eased inflationary pressures, weak private demand, and a lowered economic growth forecast of 2 percent for the current financial year, down from an earlier projection of 2.3 percent.
Progress
40% Bias Score
UK Inflation Surges, but Bank of England to Continue Rate Cuts
UK inflation hit 3% in January, surpassing forecasts and the Bank of England's target, driven by airfares and school fees; despite this, the Bank is expected to continue cutting interest rates due to weak economic growth.
UK Inflation Surges, but Bank of England to Continue Rate Cuts
UK inflation hit 3% in January, surpassing forecasts and the Bank of England's target, driven by airfares and school fees; despite this, the Bank is expected to continue cutting interest rates due to weak economic growth.
Progress
36% Bias Score
Australian Banks Cut Mortgage Rates After RBA's First Cut in Four Years
Australia's four major banks lowered variable mortgage rates by 0.25 percentage points after the Reserve Bank cut the cash rate to 4.1 percent on February 28, 2024, providing relief to borrowers struggling with high interest rates since November 2020.
Australian Banks Cut Mortgage Rates After RBA's First Cut in Four Years
Australia's four major banks lowered variable mortgage rates by 0.25 percentage points after the Reserve Bank cut the cash rate to 4.1 percent on February 28, 2024, providing relief to borrowers struggling with high interest rates since November 2020.
Progress
40% Bias Score
ECB Reports €7.94 Billion Loss for 2024
The European Central Bank (ECB) reported a €7.94 billion loss for 2024, its second consecutive year in the red, primarily due to aggressive interest rate hikes to combat inflation in 2022 and 2023, preventing profit distribution to Eurozone national central banks; the ECB plans to offset the loss ag...
ECB Reports €7.94 Billion Loss for 2024
The European Central Bank (ECB) reported a €7.94 billion loss for 2024, its second consecutive year in the red, primarily due to aggressive interest rate hikes to combat inflation in 2022 and 2023, preventing profit distribution to Eurozone national central banks; the ECB plans to offset the loss ag...
Progress
28% Bias Score
Fed Holds Interest Rates Steady Amid Inflation Concerns
The Federal Reserve held its key interest rate at 4.3 percent in late January due to concerns about rising inflation, potentially fueled by President Trump's policies and strong consumer spending; this decision pauses any immediate relief on consumer borrowing costs.
Fed Holds Interest Rates Steady Amid Inflation Concerns
The Federal Reserve held its key interest rate at 4.3 percent in late January due to concerns about rising inflation, potentially fueled by President Trump's policies and strong consumer spending; this decision pauses any immediate relief on consumer borrowing costs.
Progress
32% Bias Score
Turkey's Central Bank Reports Improved Inflation Expectation Anchoring
The Central Bank of Turkey's analysis reveals improved inflation expectation anchoring since mid-2023, using a composite indicator combining deviation from forecasts, volatility, and dispersion across participant expectations; this positive trend is expected to sustain price stability.
Turkey's Central Bank Reports Improved Inflation Expectation Anchoring
The Central Bank of Turkey's analysis reveals improved inflation expectation anchoring since mid-2023, using a composite indicator combining deviation from forecasts, volatility, and dispersion across participant expectations; this positive trend is expected to sustain price stability.
Progress
24% Bias Score
Australia's Housing Crisis: Supply Shortage Blamed, Not Low Interest Rates
Reserve Bank of Australia Governor Michele Bullock on Tuesday attributed Australia's housing crisis to a supply shortage, not low interest rates, announcing a rate cut to 4.1 percent, despite forecasts of double-digit price increases in Sydney and Melbourne if rates fall further. This comes as net m...
Australia's Housing Crisis: Supply Shortage Blamed, Not Low Interest Rates
Reserve Bank of Australia Governor Michele Bullock on Tuesday attributed Australia's housing crisis to a supply shortage, not low interest rates, announcing a rate cut to 4.1 percent, despite forecasts of double-digit price increases in Sydney and Melbourne if rates fall further. This comes as net m...
Progress
48% Bias Score
RBA Cuts Interest Rate to 4.1%
The Reserve Bank of Australia cut the official cash rate from 4.35% to 4.1% today, a move major banks will fully pass on, impacting mortgage repayments after a period of significant rate increases since April 2022.
RBA Cuts Interest Rate to 4.1%
The Reserve Bank of Australia cut the official cash rate from 4.35% to 4.1% today, a move major banks will fully pass on, impacting mortgage repayments after a period of significant rate increases since April 2022.
Progress
44% Bias Score
RBA Cuts Interest Rate by 0.25 Percentage Points
The Reserve Bank of Australia (RBA) cut the cash rate by 0.25 percentage points to 4.1 percent, its first rate cut in over four years, providing mortgage holders with approximately $100 monthly relief on a $600,000 mortgage, although further cuts are unlikely in the near future due to inflation conc...
RBA Cuts Interest Rate by 0.25 Percentage Points
The Reserve Bank of Australia (RBA) cut the cash rate by 0.25 percentage points to 4.1 percent, its first rate cut in over four years, providing mortgage holders with approximately $100 monthly relief on a $600,000 mortgage, although further cuts are unlikely in the near future due to inflation conc...
Progress
40% Bias Score
Showing 121 to 132 of 292 results