Coin Bureau: Interest rates will rise

The window it was checked over

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.

What was said around it

earlier this year the FED will hit that 2.5 Target in less than a year specifically January 2023 note that this is for short-term interest rates when it comes to long-term interest rates if you watch my aforementioned video about Jerome Powell's most recent testimony you might recall that he tacitly admitted each 500 billion dollars of cell pressure from the FED equates to an additional 0.5 percent increase in interest rates with over five trillion dollars in government bonds on its balance sheet the 60 billion per month sell-off of these specific assets detailed in the March meeting minutes means medium and long-term interest rates will see another half percentage Point rise in the next year or so the question investors are currently asking is how much the FED can realistically raise interest rates before something in the economy breaks and two indicators offer some Clues first there's the yield curve which is basically the annual interest rates of the different types of government debt put on a chart now under normal economic conditions the longer term types of government debt will offer higher interest rates and this is to compensate for the opportunity cost that comes with lending money

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