Rich Miller

Richard A Miller is a veteran journalist and author who has covered business and finance for more than three decades. He joined Bloomberg News in 2018 as a senior editorial writer and columnist, focusing on monetary policy, interest rates, inflation, trade, energy markets and geopolitics. Before joining Bloomberg News, Miller was the Washington bureau chief for Dow Jones Newswires and a correspondent for The Bond Buyer. He has also written extensively about the film industry as an analyst and critic for Variety, The Hollywood Reporter, Screen International and other publications. Miller is the author of several books on finance, economics and politics, including

Biography:  https://www.bloomberg.com/profile/person/17509093

58%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

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

50%

Examples:

  • The author tends to present a positive view of the Fed's actions and policies, implying that they are always in the best interest of the economy.

Conflicts of Interest

75%

Examples:

  • The author has a clear conflict of interest as the chairman and CEO of an entertainment company. He may be biased towards policies that favor his industry or benefit from low interest rates.

Contradictions

85%

Examples:

  • The author often contradicts himself by reporting on different meetings where he claims that either rates should be cut or held steady, depending on his interpretation of inflation and economic activity.

Deceptions

40%

Examples:

  • The author uses deceptive practices by omitting important information in the titles of his articles, such as the fact that no decision was made to cut rates at the January meeting. He also exaggerates or downplays certain facts to support his arguments.

Recent Articles

Federal Reserve Cautions on Cutting Interest Rates as US Economy Grows, Labor Market Remains Tight

Federal Reserve Cautions on Cutting Interest Rates as US Economy Grows, Labor Market Remains Tight

Broke On: Monday, 19 February 2024 The US economy is expected to continue growing in 2023, driven by strong consumer spending. However, the Federal Reserve needs to be cautious about cutting interest rates too far as it could undermine its goal of price stability. Vice Chair Philip Jefferson has warned that excessive easing can lead to a stalling or reversal in progress towards restoring price stability.
Federal Reserve Holds Interest Rates Steady, Indicates Possible Cut in Borrowing Costs

Federal Reserve Holds Interest Rates Steady, Indicates Possible Cut in Borrowing Costs

Broke On: Wednesday, 31 January 2024 The Federal Reserve kept interest rates steady at their highest level in over two decades on January 31, 2024. The Fed officials hinted that they may make a cut to borrowing costs but are not yet ready to do so. Jerome H. Powell stated that the country has had six good months of moderating inflation and wants to see continued progress before lowering rates.