Darla Mercado,

Darla Mercado is a markets editor for CNBC.com, based out of the company's headquarters in Englewood Cliffs, N.J. She has a unique perspective on financial markets as she is also a Certified Financial Planner® professional.

88%

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:

  • Fed Chair Jerome Powell reiterated on Wednesday that policymakers still intend to cut rates before the end of this year, assuming economic growth continues.
  • Powell said

Conflicts of Interest

100%

Examples:

  • Darla Mercado is a markets editor for CNBC.com, based out of the company's headquarters in Englewood Cliffs, N.J.
  • She is also a Certified Financial Planner® professional.

Contradictions

86%

Examples:

  • The article states: 'A strong hiring isn’t a reason to hold off lowering interest rates.' However, during his press conference on Wednesday afternoon, Federal Reserve Chair Jerome Powell stated: 'An unexpected weakening in the labor market could also warrant a policy response.'
  • The Federal Reserve's restrictive monetary policy is having the desired effect on inflation according to Chair Powell[

Deceptions

75%

Examples:

  • The article states: 'A strong hiring isn’t a reason to hold off lowering interest rates.' However, during his press conference on Wednesday afternoon, Federal Reserve Chair Jerome Powell stated: 'An unexpected weakening in the labor market could also warrant a policy response.'

Recent Articles

Federal Reserve Surprises Markets with Steady Rates and One Projected Cut for 2023: Implications and Reactions

Federal Reserve Surprises Markets with Steady Rates and One Projected Cut for 2023: Implications and Reactions

Broke On: Wednesday, 12 June 2024 The Federal Reserve surprised markets by holding interest rates steady and signaling only one rate cut for the rest of 2023, despite earlier expectations of three. This decision came amidst high inflation and mixed economic signals, with recent data showing the effects of previous rate hikes taking hold. The Fed's move was met with varied reactions, with some seeing it as a sign of caution towards further tightening monetary policy and others indicating easing inflationary pressures. Treasury yields also saw significant movements in response to the latest inflation data and jobless claims report.
Federal Reserve Projects Three Rate Cuts This Year to Guide Economy Towards Soft Landing and Keep Inflation in Check

Federal Reserve Projects Three Rate Cuts This Year to Guide Economy Towards Soft Landing and Keep Inflation in Check

Broke On: Wednesday, 20 March 2024 The Federal Reserve kept interest rates at 5.3% and projected three rate cuts this year to guide the economy towards a soft landing while controlling inflation.