Molly Smith
Molly Smith is a journalist who covers economics and finance for Bloomberg News. She has a background in academia, having served as the interim provost and vice president of academic affairs at Stonehill College. She joined Bloomberg in 2018 after working as an editor and reporter for several other news outlets.
62%
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
100%
Examples:
- The article does not show any clear bias in favor of or against any party or group.
Conflicts of Interest
0%
Examples:
- The article does not mention any conflict of interest or potential bias from the author or other sources.
Contradictions
85%
Examples:
- The article presents data that contradicts the idea that interest rates need to be cut. For example, it cites higher than expected PPI and lower than expected jobless claims. It also implies that inflation is not a major concern for the Fed.
Deceptions
80%
Examples:
- The article uses some deceptive practices by presenting data out of context and omitting important details. For example, it does not explain how the higher PPI is related to inflation or what impact it has on interest rates. It also does not mention that the lower than expected jobless claims are partly due to seasonal adjustments.
Recent Articles
Federal Reserve May Cut Interest Rates Amid Inflation Concerns and Slowdown in Consumer Spending
Broke On: Friday, 15 March 2024The US Federal Reserve is likely to start cutting interest rates by the end of the second quarter due to recent hotter than expected inflation data and a slowdown in consumer spending. However, inflation must still cool further before any decision on interest rates can be made.