Andrei Jikh: Fed policy rate will rise

Said on Aug 29, 2022, at 10:04 in the video.

What was said
Andrei Jikh

@andreijikh

“the federal funds rate will go up substantially my money will be betting on at least point seven five percent now it could be half a percent”
Watch at 10:04The Recession Just Got WORSE
PredictionFed policy ratewill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Reading when said

2.5%

Aug 29, 2022

Reading at close

5.5%

Aug 29, 2023

Change

+3.00 pp

The policy rate was 2.50% at the start of the window and 5.50% on Aug 29, 2023, a net change of +3.00 pp. The largest increase inside the window was 300 basis points. The stated threshold was 25 basis points.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
−2%0%2%4%6%201920202021202220232023Said on Aug 29, 2022
−2%0%2%4%6%2019202120222023Said on Aug 29, 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
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-FED v4Correct2.5%3.25%Sep 28, 2022+0.75 pp—
90 daysR-FED v4Correct2.5%4%Nov 27, 2022+1.50 pp—
180 daysR-FED v4Correct2.5%4.75%Feb 25, 2023+2.25 pp—
1 yearR-FED v4Correct2.5%5.5%Aug 29, 2023+3.00 pp—
3 yearsR-FED v4Correct2.5%4.5%Aug 28, 2025+2.00 pp—
5 yearsR-FED v4Pending——Aug 28, 2027——
Why: 30 days

The policy rate was 2.50% at the start of the window and 3.25% on Sep 28, 2022, a net change of +0.75 pp. The largest increase inside the window was 75 basis points. The stated threshold was 25 basis points.

Why: 90 days

The policy rate was 2.50% at the start of the window and 4.00% on Nov 27, 2022, a net change of +1.50 pp. The largest increase inside the window was 150 basis points. The stated threshold was 25 basis points.

Why: 180 days

The policy rate was 2.50% at the start of the window and 4.75% on Feb 25, 2023, a net change of +2.25 pp. The largest increase inside the window was 225 basis points. The stated threshold was 25 basis points.

Why: 1 year

The policy rate was 2.50% at the start of the window and 5.50% on Aug 29, 2023, a net change of +3.00 pp. The largest increase inside the window was 300 basis points. The stated threshold was 25 basis points.

Why: 3 years

The policy rate was 2.50% at the start of the window and 4.50% on Aug 28, 2025, a net change of +2.00 pp. The largest increase inside the window was 300 basis points. The stated threshold was 25 basis points.

Why: 5 years

Not yet resolved. The window closes Aug 28, 2027.

What was said around it

angriest that we've all ever seen papa jerome powell it's almost like he was frustrated that the market wasn't taking him seriously enough but now that he's emphasized just how strong he's about to get on inflation and he'll increase interest rates no matter what the cost the market was finally like okay fine we believe you and the market's sold off now this also means that more than likely when we get the next inflation report the consumer price index which will be released on september 13th regardless of what that number is the federal funds rate will go up substantially my money will be betting on at least point seven five percent now it could be half a percent but based on what jerome powell has been telling us managing the average everyday consumer and business person mentality is the number one priority so he wants to beat us up with a club over the head with those .75 percent increases until we think okay inflation's gonna come down now for me personally even though i think i'm right because i follow this stuff religiously because of a youtube channel and no one cares other than nerds like me at the end of the day i'm not going to speculate with my portfolio and try to time the

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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