Bank of England Holds Rates Amidst Inflation and Growth Concerns
The Bank of England's Monetary Policy Committee voted 6-3 to hold interest rates at 4.75% due to October's wage growth exceeding 5% and inflation reaching 2.6%, despite concerns about zero economic growth following Labour's budget and the risk of recession.
Bank of England Holds Rates Amidst Inflation and Growth Concerns
The Bank of England's Monetary Policy Committee voted 6-3 to hold interest rates at 4.75% due to October's wage growth exceeding 5% and inflation reaching 2.6%, despite concerns about zero economic growth following Labour's budget and the risk of recession.
Progress
48% Bias Score
Bank of England to Hold Interest Rates at 4.75%
The Bank of England is expected to hold interest rates at 4.75% today, despite November's inflation rising to 2.6%, exceeding the Bank's 2% target; analysts predict a gradual rate decrease, but recent wage growth suggests a longer hold may be necessary.
Bank of England to Hold Interest Rates at 4.75%
The Bank of England is expected to hold interest rates at 4.75% today, despite November's inflation rising to 2.6%, exceeding the Bank's 2% target; analysts predict a gradual rate decrease, but recent wage growth suggests a longer hold may be necessary.
Progress
36% Bias Score
Riksbank Cuts Rates to 2.5% Amid Weak Growth
Sweden's central bank cut interest rates by 0.25 percentage points to 2.5% on Thursday to support weak economic growth, despite November inflation falling to 1.6%, hinting at a potential further rate cut in the first half of 2025.
Riksbank Cuts Rates to 2.5% Amid Weak Growth
Sweden's central bank cut interest rates by 0.25 percentage points to 2.5% on Thursday to support weak economic growth, despite November inflation falling to 1.6%, hinting at a potential further rate cut in the first half of 2025.
Progress
28% Bias Score
IMF: Syria Monitoring, Fed Policy Approval, and El Salvador Bitcoin Loan
IMF official Kozack commented on Syria's reconstruction needs, the Fed's monetary policy, and El Salvador's $1.4 billion IMF loan program aimed at mitigating risks associated with the country's Bitcoin project.
IMF: Syria Monitoring, Fed Policy Approval, and El Salvador Bitcoin Loan
IMF official Kozack commented on Syria's reconstruction needs, the Fed's monetary policy, and El Salvador's $1.4 billion IMF loan program aimed at mitigating risks associated with the country's Bitcoin project.
Progress
32% Bias Score
Fed Expected to Cut Interest Rates Despite High Inflation
The Federal Open Market Committee is expected to lower its benchmark interest rate by 0.25 percentage points to 4.25%-4.5% this Wednesday despite inflation remaining above the Fed's 2% target and strong economic growth, reflecting a cautious approach to easing monetary policy while attempting to bal...
Fed Expected to Cut Interest Rates Despite High Inflation
The Federal Open Market Committee is expected to lower its benchmark interest rate by 0.25 percentage points to 4.25%-4.5% this Wednesday despite inflation remaining above the Fed's 2% target and strong economic growth, reflecting a cautious approach to easing monetary policy while attempting to bal...
Progress
48% Bias Score
Fed Cuts Interest Rate by Quarter Point, Signals Shift in Monetary Policy
The Federal Reserve announced a quarter-point cut to its benchmark interest rate, lowering it from approximately 4.6% to 4.3%, following previous cuts in September and November; this signals a potential shift to less frequent rate reductions in 2025 due to persistent inflation and strong economic gr...
Fed Cuts Interest Rate by Quarter Point, Signals Shift in Monetary Policy
The Federal Reserve announced a quarter-point cut to its benchmark interest rate, lowering it from approximately 4.6% to 4.3%, following previous cuts in September and November; this signals a potential shift to less frequent rate reductions in 2025 due to persistent inflation and strong economic gr...
Progress
48% Bias Score
China Outlines 2025 Economic Priorities: Stable Growth, Proactive Policies, and Expanded Opening Up
China's Central Economic Work Conference outlined 2025 economic priorities: stable growth via proactive fiscal policy (increased deficit and spending), moderately loose monetary policy, boosted domestic demand, stabilized real estate market, and expanded opening up, aiming to counter external uncert...
China Outlines 2025 Economic Priorities: Stable Growth, Proactive Policies, and Expanded Opening Up
China's Central Economic Work Conference outlined 2025 economic priorities: stable growth via proactive fiscal policy (increased deficit and spending), moderately loose monetary policy, boosted domestic demand, stabilized real estate market, and expanded opening up, aiming to counter external uncert...
Progress
44% Bias Score
Fed Rate Cut Triggers Yuan Weakening and Market Selloff
The U.S. Federal Reserve cut its key interest rate by 25 basis points on Wednesday, prompting the Hong Kong Monetary Authority to make a similar cut, while the offshore yuan weakened to 7.3218 against the U.S. dollar and the S&P 500 experienced a broad-based selloff.
Fed Rate Cut Triggers Yuan Weakening and Market Selloff
The U.S. Federal Reserve cut its key interest rate by 25 basis points on Wednesday, prompting the Hong Kong Monetary Authority to make a similar cut, while the offshore yuan weakened to 7.3218 against the U.S. dollar and the S&P 500 experienced a broad-based selloff.
Progress
36% Bias Score
BoE Holds Interest Rate at 4.75% Amid Rising Inflation
The Bank of England's Monetary Policy Committee voted 6-3 to hold the interest rate at 4.75 percent on December 18, 2024, citing rising inflation and wage growth, with a review pending in February.
BoE Holds Interest Rate at 4.75% Amid Rising Inflation
The Bank of England's Monetary Policy Committee voted 6-3 to hold the interest rate at 4.75 percent on December 18, 2024, citing rising inflation and wage growth, with a review pending in February.
Progress
36% Bias Score
Gundlach Advises Increased Cash Positions Amidst Fed's Revised Rate Cut Projections
Fixed income investor Jeffrey Gundlach advises increasing cash positions to 30% of a portfolio due to the Federal Reserve's announcement of only two potential rate cuts in 2024, impacting money market fund yields which currently stand at 4.41% on the Crane 100 Money Fund Index, contrasting previous ...
Gundlach Advises Increased Cash Positions Amidst Fed's Revised Rate Cut Projections
Fixed income investor Jeffrey Gundlach advises increasing cash positions to 30% of a portfolio due to the Federal Reserve's announcement of only two potential rate cuts in 2024, impacting money market fund yields which currently stand at 4.41% on the Crane 100 Money Fund Index, contrasting previous ...
Progress
48% Bias Score
Fed Expected to Cut Rates for Third Time This Year
The Federal Reserve is expected to cut interest rates for the third time this year on Wednesday, a move driven by a recent inflation slowdown and a desire to maintain employment levels despite an otherwise strong economy; however, upcoming trade policy changes could significantly alter this trajecto...
Fed Expected to Cut Rates for Third Time This Year
The Federal Reserve is expected to cut interest rates for the third time this year on Wednesday, a move driven by a recent inflation slowdown and a desire to maintain employment levels despite an otherwise strong economy; however, upcoming trade policy changes could significantly alter this trajecto...
Progress
36% Bias Score
Fed to Slow Interest Rate Cuts Amid Persistent Inflation
The Federal Reserve is preparing to lower its benchmark interest rate by 0.25 percentage points to around 4.3 percent, marking a shift from frequent cuts to a more measured approach due to persistent inflation despite recent economic growth and the uncertainty surrounding President-elect Trump's eco...
Fed to Slow Interest Rate Cuts Amid Persistent Inflation
The Federal Reserve is preparing to lower its benchmark interest rate by 0.25 percentage points to around 4.3 percent, marking a shift from frequent cuts to a more measured approach due to persistent inflation despite recent economic growth and the uncertainty surrounding President-elect Trump's eco...
Progress
36% Bias Score