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

Said on Jan 11, 2023, at 3:13 in the video.

What was said
Coin Bureau

@coinbureau

“the FED has continued to raise interest rates and is currently expected to raise them by another 0.25 or 25 basis points at its next meeting which is again scheduled for the 1st of February”
Watch at 3:13The Fed Said WHAT!? Latest Minutes Show What's Coming!!
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%202020202021202220232024Said on Jan 11, 2023
−2%0%2%4%6%2020202120222024Said on Jan 11, 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

Target while the FED also has a mandate to ensure that unemployment remains at around four percent Jerome has repeatedly stated that bringing down inflation is the only way to truly do this in other words the only way to bring down inflation is to increase unemployment for more Americans to lose their jobs so that wage growth slows in Practical terms this means creating a recession which the markets are well not so eagerly anticipating so far a recession has yet to materialize or so they say as such the FED has continued to raise interest rates and is currently expected to raise them by another 0.25 or 25 basis points at its next meeting which is again scheduled for the 1st of February this will bring the fed's short-term interest rate up to between 4.5 and 4.75 now this figure is significant because most fed officials have agreed on a terminal rate of 5 or more for anyone wondering the terminal rate is how high interest rates will go during the current tightening cycle as this five percent Target approaches markets will be extremely volatile as expectations run rampant and this brings me to the minutes of the fed's December meeting for context the FED decides how much it will raise

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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