Sujata Rao
Sujata Rao is a reporter at Bloomberg News, covering the stock market and financial news. She has written extensively on topics such as the Dow Jones Industrial Average, the S&P 500 Index, and global stock markets. Her articles often feature live updates from the stock market and provide insights into economic trends and policy decisions. Rao's reporting is characterized by its timeliness, accuracy, and clarity. She has a strong reputation for her ability to break down complex financial concepts into easily understandable terms for readers.
73%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
90%
Examples:
- The articles provided show no instances of bias.
Conflicts of Interest
83%
Examples:
- There are no conflicts of interest detected in the articles provided.
Contradictions
85%
Examples:
- , Australia's S&P/ASX 200 rose nearly 0.1% to 7,740.80.
- Global stocks rose on Thursday
- , South Korea's Kospi added 0.5% to 2,654.45.
- Stocks held near all-time highs
- Switzerland's interest-rate cut encouraged hopes for policy easing across the developed world
Deceptions
40%
Examples:
- gold surged further
- Stocks held near all-time highs
Recent Articles
Swiss National Bank Cuts Interest Rates to 1.25%: Anticipated Economic Growth and Market Reactions
Broke On: Thursday, 20 June 2024Switzerland's central bank, the Swiss National Bank (SNB), cuts interest rates by 0.25% to 1.25%, making it the second-lowest among G10 democracies. Economic growth projected at around 1% for rest of 2024 and slight unemployment increase expected. SNB's decision follows European Central Bank's lead, with questions about further rate cuts in Switzerland. Stock markets react positively, but inflation pressures may limit further cuts. Stock Market Surges to New Record Highs as ECB Keeps Rates Unchanged and Powell Hints at Interest Rate Cuts
Broke On: Thursday, 07 March 2024The stock market reached new record highs on Thursday, with the S&P 500 and Nasdaq Composite both rising. The European Central Bank kept interest rates unchanged but revised down inflation projections. JaysonPhotography Wall Street was helped by a rise in chip names and post-earnings jump in supermarket chain Kroger (KR). Federal Reserve chair Jerome Powell said that interest rate cuts could likely begin this year if the economy continues to evolve as expected.