Graham Stephan: Fed policy rate will rise

Said on Mar 7, 2023, at 12:46 in the video.

What was said
Graham Stephan

@grahamstephan

“personally I'm in the belief that we're likely to see a series of 25 basis point rate hikes throughout the rest of 2023 because so far everything they do lasts a lot longer than everybody expects”
Watch at 12:46A Warning For The 2023 Stock Market
PredictionFed policy ratewill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Reading when said

4.75%

Mar 7, 2023

Reading at close

5.5%

Mar 6, 2024

Change

+0.75 pp

The policy rate was 4.75% at the start of the window and 5.50% on Mar 6, 2024, a net change of +0.75 pp. The largest increase inside the window was 75 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%202020212021202220232024Said on Mar 7, 2023
−2%0%2%4%6%2020202120232024Said on Mar 7, 2023

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 v4Correct4.75%5%Apr 6, 2023+0.25 pp—
90 daysR-FED v4Correct4.75%5.25%Jun 5, 2023+0.50 pp—
180 daysR-FED v4Correct4.75%5.5%Sep 3, 2023+0.75 pp—
1 yearR-FED v4Correct4.75%5.5%Mar 6, 2024+0.75 pp—
3 yearsR-FED v4Correct4.75%3.75%Mar 6, 2026−1.00 pp—
5 yearsR-FED v4Pending——Mar 5, 2028——
Why: 30 days

The policy rate was 4.75% at the start of the window and 5.00% on Apr 6, 2023, a net change of +0.25 pp. The largest increase inside the window was 25 basis points. The stated threshold was 25 basis points.

Why: 90 days

The policy rate was 4.75% at the start of the window and 5.25% on Jun 5, 2023, a net change of +0.50 pp. The largest increase inside the window was 50 basis points. The stated threshold was 25 basis points.

Why: 180 days

The policy rate was 4.75% at the start of the window and 5.50% on Sep 3, 2023, 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: 1 year

The policy rate was 4.75% at the start of the window and 5.50% on Mar 6, 2024, 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: 3 years

The policy rate was 4.75% at the start of the window and 3.75% on Mar 6, 2026, a net change of −1.00 pp. The largest increase inside the window was 75 basis points. The stated threshold was 25 basis points.

Why: 5 years

Not yet resolved. The window closes Mar 5, 2028.

What was said around it

these next few weeks with inflation picking up we're likely to see even more rate hikes from the Federal Reserve when the they meet next on March 22nd currently the market is pricing in a 75 likelihood that the FED is going to increase rates by another 25 basis points which would take their federal funds rate to almost five percent but there's also a 25 chance that they'll increase rates by 50 basis points which would absolutely shock the market will they take a more aggressive stance on inflation personally I'm in the belief that we're likely to see a series of 25 basis point rate hikes throughout the rest of 2023 because so far everything they do lasts a lot longer than everybody expects honestly at this point nothing would surprise me anymore except if you haven't already hit the like button and subscribe for the YouTube algorithm so with that said you guys thank you so much for watching as always feel free to add me on Instagram and don't forget that you can get a free stock with your sponsor public.com Down Below in the description when you make a deposit with a good gram and also they allow you to buy treasuries on there so if you're interested you could also do that on there

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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