Steve Matthews,

Steve Matthews is a financial journalist at Bloomberg News. He has been covering the Federal Reserve and monetary policy for over a decade. Prior to joining Bloomberg, he worked at The Wall Street Journal and Reuters. His reporting focuses on the intersection of economics, politics, and finance, with an emphasis on the impact of central bank policies 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

85%

Examples:

  • A plurality of economists expect the 'dot plot' to show two cuts, while an equal number expect only one or no cuts.
  • Piper Sandler's Chief Investment Strategist Michael Kantrowitz expects the Federal Reserve to cut interest rates at its July meeting.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

Federal Reserve Decision Looms: Interest Rates and Stock Market Impact in Focus

Federal Reserve Decision Looms: Interest Rates and Stock Market Impact in Focus

Broke On: Friday, 07 June 2024 The Federal Reserve is expected to update interest rate forecasts next week, with borrowing costs remaining unchanged for the seventh consecutive meeting. However, there's uncertainty regarding officials' rate projections. The FOMC meeting comes before the release of May's Consumer Price Index inflation report and a potential 86.3% chance of a Fed rate cut by Dec. 17-18, which could impact the stock market.
Fed's Interest Rate Cuts in Doubt Amid Strong Jobs Data and Rising Inflation

Fed's Interest Rate Cuts in Doubt Amid Strong Jobs Data and Rising Inflation

Broke On: Friday, 07 June 2024 Economic indicators of strong jobs growth and rising inflation have caused uncertainty over the number of interest rate cuts the Federal Reserve will signal in June. While some economists expect multiple cuts, others believe no cuts are necessary due to a robust labor market.