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

Said on Mar 13, 2022, at 19:59 in the video.

What was said
Coin Bureau

@coinbureau

“jerome said that the federal reserve will raise interest rates by 0.25 percent about every seven weeks which will apparently be twice as fast as the last time the fed decided to raise rates”
Watch at 19:59Powell Testimony: What He Said CANNOT BE MISSED!!
PredictionFed policy ratewill rise
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

the united states ritchie also asked jerome about how big a risk stagflation is and jerome simply responded that quote there are no guarantees now you can learn more about what stagflation is and why it's one of my biggest fears by using the link in the description anywho after a few redundant questions from house representatives french hill alma adams and anthony gonzalez jerome revealed a few juicy details about the fed's interest rate roadmap when he was questioned by representative madeleine dean jerome said that the federal reserve will raise interest rates by 0.25 percent about every seven weeks which will apparently be twice as fast as the last time the fed decided to raise rates when asked about what effect this will have on asset prices jerome confirmed the common sense deduction that all borrowing rates will go up which should lead to a decrease in housing prices and car prices when asked about whether corporations are contributing to inflation jerome explained that while industry consolidation does tend to reduce prices the kind of inflation we're seeing is being caused by unprecedented macroeconomic factors such as the pandemic and now the war house representatives alex

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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