Fed Expected to Implement "Hawkish Cut," Slowing Pace of Future Rate Reductions
On Wednesday, the Federal Reserve is expected to lower its benchmark interest rate by 0.25 percentage points to a range of 4.25-4.50 percent, a move considered a "hawkish cut" due to uncertainty about the impact of President-elect Trump's policies and persistent inflation above the Fed's 2 percent t...
Fed Expected to Implement "Hawkish Cut," Slowing Pace of Future Rate Reductions
On Wednesday, the Federal Reserve is expected to lower its benchmark interest rate by 0.25 percentage points to a range of 4.25-4.50 percent, a move considered a "hawkish cut" due to uncertainty about the impact of President-elect Trump's policies and persistent inflation above the Fed's 2 percent t...
Progress
40% Bias Score
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Persistent Inflation
The Federal Reserve cut interest rates by 0.25 percentage points to 4.25-4.5 percent on Wednesday, signaling a slower pace of cuts in 2025 due to persistent inflation (2.8 percent in October) and robust economic growth, causing a 0.51 percent drop in the S&P 500.
Fed Cuts Rates, Signals Slower Pace of Cuts Amid Persistent Inflation
The Federal Reserve cut interest rates by 0.25 percentage points to 4.25-4.5 percent on Wednesday, signaling a slower pace of cuts in 2025 due to persistent inflation (2.8 percent in October) and robust economic growth, causing a 0.51 percent drop in the S&P 500.
Progress
32% Bias Score
Chile's Central Bank Forecasts Higher Inflation, Cautious Interest Rate Cuts
Chile's central bank projects 4.8% inflation for 2024, rising to 5% in early 2025 due to a stronger dollar and higher labor costs; GDP growth is projected at 1.5-2.5% for 2025-26, with interest rates cut to 5% but a potential pause in future cuts.
Chile's Central Bank Forecasts Higher Inflation, Cautious Interest Rate Cuts
Chile's central bank projects 4.8% inflation for 2024, rising to 5% in early 2025 due to a stronger dollar and higher labor costs; GDP growth is projected at 1.5-2.5% for 2025-26, with interest rates cut to 5% but a potential pause in future cuts.
Progress
24% Bias Score
Global Economic Shift: Fiscal Policy Takes Center Stage in 2024
In 2024, a global economic shift occurred where fiscal policy replaced monetary policy as the primary driver, with governments assuming greater control. This change, particularly evident in the US following Trump's election, is influenced by relatively controlled inflation, although concerns remain,...
Global Economic Shift: Fiscal Policy Takes Center Stage in 2024
In 2024, a global economic shift occurred where fiscal policy replaced monetary policy as the primary driver, with governments assuming greater control. This change, particularly evident in the US following Trump's election, is influenced by relatively controlled inflation, although concerns remain,...
Progress
32% Bias Score
ECB to Cut Interest Rates Further Amid Weak Growth
The European Central Bank (ECB) plans further interest rate cuts if inflation continues to fall, prioritizing weak economic growth over inflation concerns, with President Lagarde hinting at a 'neutral' rate between 1.75% and 2.5%.
ECB to Cut Interest Rates Further Amid Weak Growth
The European Central Bank (ECB) plans further interest rate cuts if inflation continues to fall, prioritizing weak economic growth over inflation concerns, with President Lagarde hinting at a 'neutral' rate between 1.75% and 2.5%.
Progress
44% Bias Score
Fed to Announce Final 2024 Rate Decision on December 18
The Federal Reserve will announce its final interest rate decision of 2024 on December 18 at 2 p.m. ET, with economists widely predicting a 0.25 percentage point cut; however, the incoming Trump administration's potentially inflationary policies could impact future rate decisions.
Fed to Announce Final 2024 Rate Decision on December 18
The Federal Reserve will announce its final interest rate decision of 2024 on December 18 at 2 p.m. ET, with economists widely predicting a 0.25 percentage point cut; however, the incoming Trump administration's potentially inflationary policies could impact future rate decisions.
Progress
36% Bias Score
Powell's Final Year: Navigating Economic Uncertainty
Jerome Powell, Federal Reserve chair, faces significant challenges in his final year, including managing inflation near the 2 percent target, navigating the impact of potential policy changes under the incoming Trump administration, and completing quantitative tightening. These tasks will require sk...
Powell's Final Year: Navigating Economic Uncertainty
Jerome Powell, Federal Reserve chair, faces significant challenges in his final year, including managing inflation near the 2 percent target, navigating the impact of potential policy changes under the incoming Trump administration, and completing quantitative tightening. These tasks will require sk...
Progress
36% Bias Score
Fed Cuts Rates, Signals Slower Pace of Future Reductions
The Federal Reserve reduced interest rates by a quarter-point for the third time, but projected only two more quarter-point rate cuts in 2025, reflecting a more cautious approach due to persistent inflation and economic uncertainty.
Fed Cuts Rates, Signals Slower Pace of Future Reductions
The Federal Reserve reduced interest rates by a quarter-point for the third time, but projected only two more quarter-point rate cuts in 2025, reflecting a more cautious approach due to persistent inflation and economic uncertainty.
Progress
44% Bias Score
China's Economy Shows Mixed Recovery in November
China's November economy showed a mixed recovery with industrial output rising 5.4 percent year-on-year, but retail sales slowing to 3 percent and fixed-asset investment at 3.3 percent; economists predict increased fiscal spending and potential interest rate cuts in 2025.
China's Economy Shows Mixed Recovery in November
China's November economy showed a mixed recovery with industrial output rising 5.4 percent year-on-year, but retail sales slowing to 3 percent and fixed-asset investment at 3.3 percent; economists predict increased fiscal spending and potential interest rate cuts in 2025.
Progress
32% Bias Score
China to Implement Proactive Macroeconomic Policies in 2025
China plans more proactive macroeconomic policies for 2025, including fiscal and monetary adjustments, to maintain economic growth amid global uncertainties; details will be announced in March 2025 during the "two sessions".
China to Implement Proactive Macroeconomic Policies in 2025
China plans more proactive macroeconomic policies for 2025, including fiscal and monetary adjustments, to maintain economic growth amid global uncertainties; details will be announced in March 2025 during the "two sessions".
Progress
48% Bias Score
China Shifts to Proactive Fiscal Policy for 2025 Growth
Facing economic headwinds, China announced a more proactive fiscal policy and moderately loose monetary policy for 2025, prioritizing domestic demand stimulation through increased consumer spending and infrastructure investment, expanding on successful 2024 programs with significantly increased fund...
China Shifts to Proactive Fiscal Policy for 2025 Growth
Facing economic headwinds, China announced a more proactive fiscal policy and moderately loose monetary policy for 2025, prioritizing domestic demand stimulation through increased consumer spending and infrastructure investment, expanding on successful 2024 programs with significantly increased fund...
Progress
16% Bias Score
China Unveils Unprecedented Economic Stimulus Package for 2024
China's Central Economic Work Conference announced a proactive fiscal policy and moderately loose monetary policy for 2024 to boost economic growth by expanding domestic demand, prioritizing consumption and investment coordination, building on recent policy successes and aiming for long-term stabili...
China Unveils Unprecedented Economic Stimulus Package for 2024
China's Central Economic Work Conference announced a proactive fiscal policy and moderately loose monetary policy for 2024 to boost economic growth by expanding domestic demand, prioritizing consumption and investment coordination, building on recent policy successes and aiming for long-term stabili...
Progress
44% Bias Score