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

Said on Mar 13, 2022, at 16:39 in the video.

What was said
Coin Bureau

@coinbureau

“jerome said these plans have yet to be hammered out but they're probably looking at gradually raising interest rates over the next three years”
Watch at 16:39Powell Testimony: What He Said CANNOT BE MISSED!!
PredictionFed policy ratewill riseby Mar 12, 2025
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
−1%0%1%2%3%4%5%6%201920202020202120222023Said on Mar 13, 2022
−2%0%2%4%6%2019202020222023Said on Mar 13, 2022

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

reply i for one would have loved to hear that discussion and you can find out why by watching my video about esg using the link in the description now back to the hearing the next house representative to tango with jerome was bill foster the infamous anti-crypto politician who famously said that the u.s government should have the power to reverse bitcoin transactions to my surprise bill didn't ask jerome about cryptocurrency and instead asked him for a detailed timeline for how long the fed plans to raise interest rates for jerome said these plans have yet to be hammered out but they're probably looking at gradually raising interest rates over the next three years house representative blaine luetkemeyer took his turn to hit jerome with some pretty crazy inflation statistics stated by an economist who had recently testified to the committee about inflation according to this economist 40 of inflation is caused by an increase in the money supply 20 is caused by regulations which restrict supply 20 is caused by supply chain issues and 20 is caused by energy prices blaine concluded that this means politicians are ultimately to blame for inflation even though the federal reserve's actions

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

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