Coin Bureau, relaying Federal Reserve: Inflation will fall

Said on Aug 13, 2022, at 15:15 in the video.

What was said
Coin Bureau

@coinbureau

“the federal reserve which put the u.s economy into a technical recession with its rate hikes which it plans to continue until it's confident that inflation is headed for the institution's two percent target”
Watch at 15:15Housing Market Crash: It's Coming & This is WHY!!
PredictionInflationwill fall
What happened
Relayed

Attributed to Federal Reserve — not scored

The window it was checked over

InflationWindow checkedRecession (NBER)
−2%0%2%4%6%8%10%201920202021202220232023Said on Aug 13, 2022
−5%0%5%10%2019202120222023Said on Aug 13, 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

Attributed to Federal Reserve — not scored

What was said around it

costs higher in some places it's only a matter of time before that big crash comes and even though it probably won't happen everywhere at once it will almost certainly be a global phenomenon and this is for a few reasons for starters central banks around the world have started aggressively raising interest rates in a response to inflation and some of them have been explicit in their intentions to raise rates until inflation comes down regardless of the economic consequences this list includes the federal reserve which put the u.s economy into a technical recession with its rate hikes which it plans to continue until it's confident that inflation is headed for the institution's two percent target and let's just say this means the recession is about to get a lot less technical if you watched our video about how to beat inflation you'll know that there's only so much central banks can do because in many places most of the inflation is coming from supply side factors that are completely outside of their control to be blunt it looks like inflation is going to stick around for a while especially in regions like europe where most countries are expected to see energy prices triple as winter

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