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Reuters

Reuters

Morning Bid: Fed draws veil over post-election easing

Reuters
Summary
Nutrition label

79% Informative

The Federal Reserve is getting cagier about the extent of further policy easing.

Futures now see just a 60% chance the Fed will cut rates again next month .

Chinese house price deflation deepens in October to 5.9% - its biggest drop since 2015 .

China 's latest economic health check showed mixed bag of soft industrial readings and upbeat retail growth for last month .

Shares of automaker Tesla closed down 5.8% and Rivian Automotive dropped 14.3% on Thursday after Reuters reported that Trump 's transition team is planning to kill the $ 7,500 consumer tax credit for electric-vehicle purchases as part of tax-reform legislation.

Bitcoin was back below the $ 90,000 level on Friday .

VR Score

90

Informative language

96

Neutral language

58

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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