Treasury Yields Fluctuate on Volatile First Trading Day of 2025
On January 2nd, 2025, the 10-year Treasury yield closed at 4.561% after fluctuating throughout the day, while the 2-year yield was 4.246%; this follows a volatile year for Treasuries and comes amidst mixed economic signals.
Treasury Yields Fluctuate on Volatile First Trading Day of 2025
On January 2nd, 2025, the 10-year Treasury yield closed at 4.561% after fluctuating throughout the day, while the 2-year yield was 4.246%; this follows a volatile year for Treasuries and comes amidst mixed economic signals.
Progress
36% Bias Score
Reagan Tax Cuts, Not Volcker, Primarily Curbed 1980s Inflation
This article challenges the conventional wisdom attributing the decline in 1980s inflation to Paul Volcker, arguing that Reagan-era tax cuts were the primary driver, citing specific tax rate reductions and contrasting Carter's rejection of a similar bill in 1978.
Reagan Tax Cuts, Not Volcker, Primarily Curbed 1980s Inflation
This article challenges the conventional wisdom attributing the decline in 1980s inflation to Paul Volcker, arguing that Reagan-era tax cuts were the primary driver, citing specific tax rate reductions and contrasting Carter's rejection of a similar bill in 1978.
Progress
64% Bias Score
China to Prioritize Monetary Easing to Boost Domestic Demand in 2025
China's central bank will prioritize monetary easing to boost domestic demand in 2025, potentially cutting interest rates by 0.5 percentage points and reserve requirement ratios by 0.5 to 1 percentage point, despite expecting moderate yuan depreciation against the US dollar in the first half of the ...
China to Prioritize Monetary Easing to Boost Domestic Demand in 2025
China's central bank will prioritize monetary easing to boost domestic demand in 2025, potentially cutting interest rates by 0.5 percentage points and reserve requirement ratios by 0.5 to 1 percentage point, despite expecting moderate yuan depreciation against the US dollar in the first half of the ...
Progress
32% Bias Score
Japan Inflation Rises, Record Budget Approved Amidst Nissan-Honda Merger Talks
Japan's Tokyo inflation hit 3% in November, exceeding expectations; a new record budget of $732 billion was approved, while bond issuance is restricted; Nissan and Honda are in merger talks.
Japan Inflation Rises, Record Budget Approved Amidst Nissan-Honda Merger Talks
Japan's Tokyo inflation hit 3% in November, exceeding expectations; a new record budget of $732 billion was approved, while bond issuance is restricted; Nissan and Honda are in merger talks.
Progress
36% Bias Score
Trump's Crypto Gamble: Bitcoin in US Reserves
Facing public skepticism and legal hurdles, President Trump's plan to integrate Bitcoin into the US federal reserve, driven by political backing and financial incentives, risks destabilizing the financial markets while raising serious conflicts of interest.
Trump's Crypto Gamble: Bitcoin in US Reserves
Facing public skepticism and legal hurdles, President Trump's plan to integrate Bitcoin into the US federal reserve, driven by political backing and financial incentives, risks destabilizing the financial markets while raising serious conflicts of interest.
Progress
56% Bias Score
Fed Holds Steady on Rates in January, More Cuts Expected in 2025
The Federal Reserve cut interest rates by 0.25% on December 18, 2024, but a January 29, 2025 rate cut is unlikely due to elevated inflation (November CPI at 2.7%, core CPI at 3.3%) and low unemployment; however, further cuts are likely in 2025.
Fed Holds Steady on Rates in January, More Cuts Expected in 2025
The Federal Reserve cut interest rates by 0.25% on December 18, 2024, but a January 29, 2025 rate cut is unlikely due to elevated inflation (November CPI at 2.7%, core CPI at 3.3%) and low unemployment; however, further cuts are likely in 2025.
Progress
40% Bias Score
China Prioritizes Consumption-Driven Growth in 2025
In 2025, China will prioritize boosting domestic demand and consumption through expansionary fiscal and monetary policies, including increased deficits, special bonds, and rate cuts, aiming to leverage the 43.1 percentage point increase in final consumption expenditure's contribution to 2023's econo...
China Prioritizes Consumption-Driven Growth in 2025
In 2025, China will prioritize boosting domestic demand and consumption through expansionary fiscal and monetary policies, including increased deficits, special bonds, and rate cuts, aiming to leverage the 43.1 percentage point increase in final consumption expenditure's contribution to 2023's econo...
Progress
40% Bias Score
China Prioritizes Domestic Demand Boost, Despite Yuan Depreciation Risks
Facing headwinds from potential US tariffs, geopolitical tensions, and interest rate differentials, China plans to prioritize monetary easing to boost domestic demand in 2025, aiming for long-term yuan stability despite potential short-term depreciation.
China Prioritizes Domestic Demand Boost, Despite Yuan Depreciation Risks
Facing headwinds from potential US tariffs, geopolitical tensions, and interest rate differentials, China plans to prioritize monetary easing to boost domestic demand in 2025, aiming for long-term yuan stability despite potential short-term depreciation.
Progress
36% Bias Score
The Illusion of a Single Interest Rate: The Limits of Central Bank Control
This article refutes the idea of a uniform interest rate, arguing that borrowing costs are highly variable and depend on individual circumstances, rendering the Federal Reserve's control over them limited, as evidenced by the vast differences in borrowing costs between wealthy individuals and those ...
The Illusion of a Single Interest Rate: The Limits of Central Bank Control
This article refutes the idea of a uniform interest rate, arguing that borrowing costs are highly variable and depend on individual circumstances, rendering the Federal Reserve's control over them limited, as evidenced by the vast differences in borrowing costs between wealthy individuals and those ...
Progress
60% Bias Score
CEMAC Economic Growth Projected at 2.7% in 2024
The CEMAC's economic growth is projected to rise to 2.7% in 2024 from 2% in 2023, driven by improvements in non-oil sectors, while inflation will ease to 4.4%. The Monetary Policy Committee decided to keep interest rates unchanged due to remaining economic vulnerabilities.
CEMAC Economic Growth Projected at 2.7% in 2024
The CEMAC's economic growth is projected to rise to 2.7% in 2024 from 2% in 2023, driven by improvements in non-oil sectors, while inflation will ease to 4.4%. The Monetary Policy Committee decided to keep interest rates unchanged due to remaining economic vulnerabilities.
Progress
32% Bias Score
China Outlines Proactive Fiscal and Monetary Policies for 2025 Economic Stability
China's Central Economic Work Conference outlined key 2025 economic priorities: a more proactive fiscal policy (increasing deficit to ~4% of GDP, issuing 3 trillion yuan in special treasury bonds), a moderately loose monetary policy (interest rate cuts), and expanding domestic demand (consumption st...
China Outlines Proactive Fiscal and Monetary Policies for 2025 Economic Stability
China's Central Economic Work Conference outlined key 2025 economic priorities: a more proactive fiscal policy (increasing deficit to ~4% of GDP, issuing 3 trillion yuan in special treasury bonds), a moderately loose monetary policy (interest rate cuts), and expanding domestic demand (consumption st...
Progress
40% Bias Score
Bank of Canada Cuts Interest Rate to 3.25% Amidst Economic Uncertainty
On December 11th, the Bank of Canada lowered its policy interest rate by 0.5 percentage points to 3.25 percent, its fifth consecutive cut since June, driven by weaker-than-expected economic growth in Q3 and inflation meeting the 2 percent target, despite mixed economic signals and internal debate on...
Bank of Canada Cuts Interest Rate to 3.25% Amidst Economic Uncertainty
On December 11th, the Bank of Canada lowered its policy interest rate by 0.5 percentage points to 3.25 percent, its fifth consecutive cut since June, driven by weaker-than-expected economic growth in Q3 and inflation meeting the 2 percent target, despite mixed economic signals and internal debate on...
Progress
32% Bias Score