Coin Bureau, relaying another source: Fed policy rate will rise

Said on Jul 17, 2023, at 14:50 in the video.

What was said
Coin Bureau

@coinbureau

“investors are still pricing in a 25 basis point rate hike at the fed's next meeting despite the soft inflation reading we got last week”
Watch at 14:50Crypto News: XRP Win, BTC Price, ETH, Binance FUD & MORE!!
PredictionFed policy ratewill rise
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
−2%0%2%4%6%202020212022202320242024Said on Jul 17, 2023
−2%0%2%4%6%2020202120232024Said on Jul 17, 2023

Federal funds target range, upper limit: Federal Reserve Board 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

Somebody else's forecast — not scored

What was said around it

compared to the previous year it's easy to forget that this is simultaneously a sign that Western economies aren't doing too well either after all most of the demand for chinese-made goods comes from the US and the EU demand for goods in the US and EU has likewise fallen off a cliff due to a combination of factors including a supply glut due to over-ordering Consumers spending more money on Services than goods and consumption being kept down by Rising interest rates that in many places are showing no signs of coming down in fact investors are still pricing in a 25 basis point rate hike at the fed's next meeting despite the soft inflation reading we got last week this means that the economy could continue to weaken and that means it's only a matter of time before central banks around the world start stimulating the only question is when and you'll know the answer when crypto starts rallying it's the most sensitive to changes in liquidity the rally we've seen since the start of the Year suggests that liquidity is already Rising but it looks like the real Resurgence in liquidity is still to come so be prepared turning now to the charts we can see that BTC has fallen below the Bollinger band

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

See all