Coin Bureau, relaying another source: Fed policy rate — not judged: the rule reads only US national figures

Said on Jun 30, 2024, at 12:40 in the video.

What was said
Coin Bureau

@coinbureau

“the W's economists expect interest rates to fall in the EU and stay roughly where they are in the US and elsewhere”
Watch at 12:40The WEF Predicts THIS Will Happen! Global Economic Outlook 2024!
PredictionFed policy rate— not judged: the rule reads only US national figures
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%202120222023202420242025Said on Jun 30, 2024
−2%0%2%4%6%2021202220242025Said on Jun 30, 2024

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

of them are outright abandoning it as most of you will know ESG is an investment ideology pioneered by asset managers like Black Rock and well it's a rabbit hole all of its own more about ESG in the description moving on now after summarizing some other findings from surveys of Executives the W's economists pivot to another Hot Topic and that's fiscal and monetary policy as some of you will know fiscal policy involves government spending and Taxation whereas monetary policy involves central banks and interest rates as I mentioned earlier the W's economists expect interest rates to fall in the EU and stay roughly where they are in the US and elsewhere the reason why I noted it as being surprising is because the monetary policies of central banks had been synchronized up until now they all just followed the fed this is just because if central banks eased while the Fed was tightening they would risk ending up like Japan where the Yen lost over 40% of its value mainly due to interest rate differentials unfortunately for the EU this could happen to the euro because the ECB can't afford to keep rates higher for longer oddly enough the Ws economists expect more constrained fiscal policy because

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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