Inflation Remains Above Fed Target Despite Rate Cuts
The core Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, was 2.8% in December 2024, exceeding the Fed's 2% target despite three consecutive interest rate cuts that month; personal income increased 0.4%, and consumer spending rose 0.7%.
Inflation Remains Above Fed Target Despite Rate Cuts
The core Personal Consumption Expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, was 2.8% in December 2024, exceeding the Fed's 2% target despite three consecutive interest rate cuts that month; personal income increased 0.4%, and consumer spending rose 0.7%.
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28% Bias Score
Core CPI Below Estimates, Stocks Surge
U.S. core inflation in December was lower than expected at 0.2% monthly and 3.2% annually, causing the U.S. 10-year Treasury yield to fall and stock markets to surge in their best day since November, while banks reported exceeding earnings estimates.
Core CPI Below Estimates, Stocks Surge
U.S. core inflation in December was lower than expected at 0.2% monthly and 3.2% annually, causing the U.S. 10-year Treasury yield to fall and stock markets to surge in their best day since November, while banks reported exceeding earnings estimates.
Progress
40% Bias Score
US Stocks Surge on Positive Inflation Data and Strong Bank Earnings
Encouraging US inflation data and strong bank earnings sent US stocks soaring Wednesday, with the S&P 500 up 1.7 percent, Dow Jones up 1.6 percent, and Nasdaq up 2.2 percent; the positive trend is expected to continue in the Australian market, while easing Treasury yields reflect growing hopes for f...
US Stocks Surge on Positive Inflation Data and Strong Bank Earnings
Encouraging US inflation data and strong bank earnings sent US stocks soaring Wednesday, with the S&P 500 up 1.7 percent, Dow Jones up 1.6 percent, and Nasdaq up 2.2 percent; the positive trend is expected to continue in the Australian market, while easing Treasury yields reflect growing hopes for f...
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52% Bias Score
Asian Equities Rebound on Value Stocks as US-China Relations Thaw
Following weaker US inflation data, Asian equities rebounded on light volume, with value stocks outperforming growth stocks in Hong Kong and Mainland China. Mainland investors bought $340M of Hong Kong-listed stocks via Southbound Stock Connect, while the removal of US outbound China investment rest...
Asian Equities Rebound on Value Stocks as US-China Relations Thaw
Following weaker US inflation data, Asian equities rebounded on light volume, with value stocks outperforming growth stocks in Hong Kong and Mainland China. Mainland investors bought $340M of Hong Kong-listed stocks via Southbound Stock Connect, while the removal of US outbound China investment rest...
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36% Bias Score
Inflation Meets Expectations, Nasdaq Hits Record High Amidst Global Economic Uncertainty
U.S. inflation increased to 2.7% in November, meeting forecasts; the Nasdaq Composite surpassed 20,000 points, driven by tech giants like Alphabet and Tesla; OPEC lowered its global oil demand growth forecast for the fifth consecutive month; South Korea's stock market underperformance persists amids...
Inflation Meets Expectations, Nasdaq Hits Record High Amidst Global Economic Uncertainty
U.S. inflation increased to 2.7% in November, meeting forecasts; the Nasdaq Composite surpassed 20,000 points, driven by tech giants like Alphabet and Tesla; OPEC lowered its global oil demand growth forecast for the fifth consecutive month; South Korea's stock market underperformance persists amids...
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56% Bias Score
"Asian Markets Mixed; Seoul Surges After Presidential Raid"
"Asian markets closed mixed today, with most experiencing declines amid uncertainty over China's stimulus and upcoming US inflation data; however, Seoul's market surged 1% following a police raid on President Yoon Suk-yeol's office."
"Asian Markets Mixed; Seoul Surges After Presidential Raid"
"Asian markets closed mixed today, with most experiencing declines amid uncertainty over China's stimulus and upcoming US inflation data; however, Seoul's market surged 1% following a police raid on President Yoon Suk-yeol's office."
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24% Bias Score
Inflation Up, Core Inflation Steady as Consumer Spending Soars
The December 2024 PCE price index rose 2.6% year-over-year, driven by energy and food costs, while the core PCE index remained at 2.8%; consumer spending surged 0.7% but savings dropped, and economists warn of future risks from tariffs.
Inflation Up, Core Inflation Steady as Consumer Spending Soars
The December 2024 PCE price index rose 2.6% year-over-year, driven by energy and food costs, while the core PCE index remained at 2.8%; consumer spending surged 0.7% but savings dropped, and economists warn of future risks from tariffs.
Progress
40% Bias Score
December Inflation Rise Could Restrict Fed Rate Cuts
U.S. inflation likely increased to 2.8% in December 2024, fueled by higher gas, egg, and used car prices; this rise, exceeding the Fed's 2% target, could limit interest rate cuts despite a robust job market and concerns about the impact of President-elect Trump's proposed policies.
December Inflation Rise Could Restrict Fed Rate Cuts
U.S. inflation likely increased to 2.8% in December 2024, fueled by higher gas, egg, and used car prices; this rise, exceeding the Fed's 2% target, could limit interest rate cuts despite a robust job market and concerns about the impact of President-elect Trump's proposed policies.
Progress
40% Bias Score
Upcoming U.S. Inflation Data to Test Stock Markets
The January 15th release of the U.S. consumer price index (CPI) is expected to influence stock markets and Treasury yields, adding to concerns about inflation and the impact of President Trump's upcoming policies; a Reuters poll predicts a 0.3% monthly increase.
Upcoming U.S. Inflation Data to Test Stock Markets
The January 15th release of the U.S. consumer price index (CPI) is expected to influence stock markets and Treasury yields, adding to concerns about inflation and the impact of President Trump's upcoming policies; a Reuters poll predicts a 0.3% monthly increase.
Progress
52% Bias Score
US Inflation Rises Amidst Concerns Over Trade Protectionism
The US Consumer Price Index (CPI) rose 2.7 percent year-on-year in November 2018, prompting concerns about inflation linked to the US's trade protectionist policies, including recently announced tariff increases on Chinese imports of solar wafers, polysilicon, and tungsten products.
US Inflation Rises Amidst Concerns Over Trade Protectionism
The US Consumer Price Index (CPI) rose 2.7 percent year-on-year in November 2018, prompting concerns about inflation linked to the US's trade protectionist policies, including recently announced tariff increases on Chinese imports of solar wafers, polysilicon, and tungsten products.
Progress
64% Bias Score
Slight Inflation Uptick Likely Won't Deter Fed Rate Cut
U.S. annual inflation is expected to reach 2.7% in November, a slight increase from October, leading the Federal Reserve to likely cut interest rates by 0.25% next week despite this rise, while President-elect Trump's potential tariffs pose a significant threat to future inflation control.
Slight Inflation Uptick Likely Won't Deter Fed Rate Cut
U.S. annual inflation is expected to reach 2.7% in November, a slight increase from October, leading the Federal Reserve to likely cut interest rates by 0.25% next week despite this rise, while President-elect Trump's potential tariffs pose a significant threat to future inflation control.
Progress
32% Bias Score
U.S. Inflation Remains Stagnant, Raising Concerns for Federal Reserve
U.S. inflation remains stagnant in November, with analysts predicting a 0.3% month-on-month and 3.3% year-on-year increase in core CPI, prompting concerns about the Federal Reserve's ability to lower interest rates and concerns about the economic impact on various income groups.
U.S. Inflation Remains Stagnant, Raising Concerns for Federal Reserve
U.S. inflation remains stagnant in November, with analysts predicting a 0.3% month-on-month and 3.3% year-on-year increase in core CPI, prompting concerns about the Federal Reserve's ability to lower interest rates and concerns about the economic impact on various income groups.
Progress
36% Bias Score