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

Said on Nov 1, 2022, at 3:55 in the video.

What was said
Coin Bureau

@coinbureau

“the overwhelming consensus is that we will see another 75 bips at the meeting tomorrow the fed's fund rate is expected to Peak at between 4.5 and 4.75 percent”
Watch at 3:55Housing Market: Is The Bubble Popping?! How Low Will It GO?!
PredictionFed policy ratewill rise
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%201920202021202220232024Said on Nov 1, 2022
−2%0%2%4%6%2019202120222024Said on Nov 1, 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

basis points it's not as if Jerome and Co are really that concerned about a correction either in a press conference back in September Jerome stated quote we probably in the housing market have to go through a correction and quote the deceleration in housing prices that we're seeing should help bring prices more closely in line with rents and other housing market fundamentals and that's a good thing now whether you agree with him or not the fact of the matter is that the FED is not slowing those hikes anytime soon and the overwhelming consensus is that we will see another 75 bips at the meeting tomorrow the fed's fund rate is expected to Peak at between 4.5 and 4.75 percent the last time rates were at this level was between October and December of 2007 the start of the great financial crisis it's not only the fact that taking out a loan is a lot more expensive however first time buyers may also struggle to Source the funds required for a down payment on many properties surging inflation is destroying purchasing power and making it a lot harder for many to save now that is all on the demand side but we also have some troubling Statistics over on the supply side for example the National

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

See all