Steve Matthews

Steve Matthews is a financial journalist at Bloomberg News. He covers monetary policy and the Federal Reserve, with a focus on interest rates and inflation. Prior to joining Bloomberg, he worked at The Wall Street Journal for several years as an economics reporter. His articles provide in-depth analysis of economic trends and their impact on financial markets.

Biography:  https://www.bloomberg.com/profile/person/17478160

100%

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 is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

33%

Examples:

  • Atlanta Federal Reserve Bank President Raphael Bostic expressed openness to an interest-rate hike if inflation does not reach the US central bank's 2% goal.
  • ]The Fed projects one rate cut late in 2024 instead of two previously expected due to slower progress towards the 2% inflation goal.[

Deceptions

100%

Examples:

No current examples available.

Recent Articles

Fed's Rate-Cut Debate Shifts from When to If: Inflation and Labor Market Strength Push Back Expectations

Fed's Rate-Cut Debate Shifts from When to If: Inflation and Labor Market Strength Push Back Expectations

Broke On: Sunday, 28 April 2024 Despite solid economic growth and rising inflation, the Federal Reserve is widely expected to keep interest rates steady in May. Investors have scaled back expectations for pre-election rate cuts due to persistent inflation and a strong labor market. The latest data shows inflation remains stubborn, and employment reports are expected to be robust. Fed Chair Jerome Powell will address reporters after the rate decision on Wednesday, signaling when rate cuts could occur, but expectations have been pushed into 2024.
Atlanta Fed President Bostic Signals Possible Interest Rate Hike if Inflation Stalls

Atlanta Fed President Bostic Signals Possible Interest Rate Hike if Inflation Stalls

Broke On: Friday, 19 April 2024 Atlanta Federal Reserve President Raphael Bostic expressed openness to an interest rate hike if inflation doesn't reach the Fed's 2% goal, while expressing concern about US government debts. His comments come as expectations for US interest rate cuts impact global borrowing costs. Despite concerns, Bostic believes in a strong US economy with high job creation and expects only one rate reduction this year.