Showing 229 to 240 of 397 results
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
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
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
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
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
Canada's Inflation Rises to 1.9 Percent in January
Canada's January inflation rate rose to 1.9 percent year-over-year, exceeding December's 1.8 percent, driven by higher energy prices despite a recent tax holiday that lowered food and other goods prices. Financial markets reduced expectations of further interest rate cuts.
Canada's Inflation Rises to 1.9 Percent in January
Canada's January inflation rate rose to 1.9 percent year-over-year, exceeding December's 1.8 percent, driven by higher energy prices despite a recent tax holiday that lowered food and other goods prices. Financial markets reduced expectations of further interest rate cuts.
Progress
36% 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
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
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
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
RBA Cuts Rates, But Signals Cautious Approach Amidst Strong Jobs Market
The Reserve Bank of Australia unexpectedly cut interest rates to 4.1 percent after a 50-month pause, citing a struggling economy despite a robust jobs market; however, the bank signaled this is unlikely to be the start of a series of significant rate cuts.
RBA Cuts Rates, But Signals Cautious Approach Amidst Strong Jobs Market
The Reserve Bank of Australia unexpectedly cut interest rates to 4.1 percent after a 50-month pause, citing a struggling economy despite a robust jobs market; however, the bank signaled this is unlikely to be the start of a series of significant rate cuts.
Progress
48% Bias Score
Fed to Revise Inflation Targeting Strategy Amidst Criticism and Inflation Concerns
The Federal Reserve will revise its "average inflation targeting" strategy this year, addressing criticism and recent inflation surges; while the 20-year average core inflation rate is 2.1%, the five-year average is 3.5%, raising concerns about inflation expectations and the need for a more balanced...
Fed to Revise Inflation Targeting Strategy Amidst Criticism and Inflation Concerns
The Federal Reserve will revise its "average inflation targeting" strategy this year, addressing criticism and recent inflation surges; while the 20-year average core inflation rate is 2.1%, the five-year average is 3.5%, raising concerns about inflation expectations and the need for a more balanced...
Progress
52% Bias Score
Showing 229 to 240 of 397 results