Coin Bureau: Inflation will rise

Said on Mar 7, 2022, at 18:51 in the video.

What was said
Coin Bureau

@coinbureau

“it's almost guaranteed that the CPI for February will be even higher than it was the month before”
Watch at 18:51Crypto News: DeFi Censorship, Sanctions & Crypto, The Fed & More!!
PredictionInflationwill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Reading when said

8.65%

Mar 7, 2022

Reading at close

4.9%

Mar 7, 2023

Change

−3.75 pp

Inflation stood at 8.65% at the start of the window and 4.90% at Mar 7, 2023, a change of −3.75 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

30 days

Within band

90 days

Within band

180 days

Within band

1 year

Incorrect

The window it was checked over

InflationWindow checkedRecession (NBER)
−2%0%2%4%6%8%10%201920202020202120222023Said on Mar 7, 2022
−5%0%5%10%2019202020222023Said on Mar 7, 2022

Consumer price index (CPI): U.S. Bureau of Labor Statistics via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-MACRO-LEVEL v4Within band8.65%8.18%Apr 6, 2022−0.47 pp—
90 daysR-MACRO-LEVEL v4Within band8.65%8.98%Jun 5, 2022+0.33 pp—
180 daysR-MACRO-LEVEL v4Within band8.65%8.25%Sep 3, 2022−0.40 pp—
1 yearR-MACRO-LEVEL v4Incorrect8.65%4.9%Mar 7, 2023−3.75 pp—
3 yearsR-MACRO-LEVEL v4Incorrect8.65%2.37%Mar 6, 2025−6.29 pp—
5 yearsR-MACRO-LEVEL v4Pending——Mar 6, 2027——
Why: 30 days

Inflation stood at 8.65% at the start of the window and 8.18% at Apr 6, 2022, a change of −0.47 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 90 days

Inflation stood at 8.65% at the start of the window and 8.98% at Jun 5, 2022, a change of +0.33 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 180 days

Inflation stood at 8.65% at the start of the window and 8.25% at Sep 3, 2022, a change of −0.40 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 1 year

Inflation stood at 8.65% at the start of the window and 4.90% at Mar 7, 2023, a change of −3.75 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 3 years

Inflation stood at 8.65% at the start of the window and 2.37% at Mar 6, 2025, a change of −6.29 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 5 years

Not yet resolved. The window closes Mar 6, 2027.

What was said around it

Federal Reserve chairman Jerome Powell testified in front of U.S politicians last week I'll be covering what he said during both hearings later this week so stay tuned for that anywho the figures for the Consumer Price Index or CPI which is used to measure inflation in the United States will be released by the Bureau of Labor Statistics on March the 10th and it's safe to say that investors are very concerned this is because the price of energy namely oil and the price of food namely wheat has gone through the roof over the last two weeks as such it's almost guaranteed that the CPI for February will be even higher than it was the month before and this means the Federal Reserve could raise interest rates more aggressively in response on that note the Federal Reserve is scheduled to detail a roadmap for how it plans to raise interest rates during its upcoming meetings on March the 15th and 16th shortly after the second meeting it'll be doing a press conference and what it says could make or break the crypto Market at this point however it's worth pointing out that interest rates could be the least of our concerns High food prices have historically been correlated to large amounts of social

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