Ruth Carson,
Ruth Carson is an economist and financial journalist at Bloomberg News. She covers monetary policy and its impact on the stock market, focusing on the effects of interest rate decisions by central banks such as the Federal Reserve. Her articles often analyze economic indicators like inflation and GDP growth to provide insights into global financial trends.
99%
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
85%
Examples:
- The Federal Reserve has held off cutting interest rates due to a strong US economy and inflation.
Deceptions
100%
Examples:
No current examples available.
Recent Articles
Japanese Yen Hits 36-Year Low Against US Dollar: Bearish Traders Predict Further Decline
Broke On: Tuesday, 25 June 2024The Japanese yen hits its weakest level against the US dollar since 1986, as investors favor higher-yielding greenbacks and despite intervention efforts by Japan's Ministry of Finance and central bank. Analysts predict further rate hikes from the Bank of Japan, but a durable rally may require Federal Reserve interest rate cuts. The dollar index rises as traders bet on Fed rate cuts this year, while the euro slips following suggestions for more European Central Bank rate cuts. U.S. Dollar Surges Ahead in 2024: Fed's Restrictive Monetary Policy and Strong Economic Data Bolster Greenback
Broke On: Thursday, 18 April 2024In 2024, the U.S. dollar has unexpectedly strengthened due to economic growth and persistent inflation, with Federal Reserve officials indicating no urgency to cut interest rates. Strong manufacturing data supports this trend, but potential intervention from other central banks remains a concern.