Graham Stephan, relaying another source: Inflation will fall to 2.3%

Said on Jan 28, 2022, at 6:11 in the video.

What was said
Graham Stephan

@grahamstephan

“even they think that inflation will begin to slow down throughout the next year and they hope to see 2.3 percent inflation in 2023 and finally back down to 2.1 percent inflation in 2024.”
Watch at 6:11The Stock Market Is ABOUT TO BOTTOM
PredictionInflationwill fall to 2.3%by Dec 31, 2023
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

InflationWindow checkedTarget namedRecession (NBER)
−2%0%2%4%6%8%10%201920192020202120222023Target 2.3%Said on Jan 28, 2022
−5%0%5%10%2019202020212023Target 2.3%Said on Jan 28, 2022

Consumer price index (CPI): U.S. Bureau of Labor Statistics 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

going to happen just consider this if prices increase from a dollar to a dollar and six cents that's six percent inflation in order for us to see extreme inflation continue that dollar and six cent item would have to increase to a dollar twelve in the second year a dollar nineteen in the third year a dollar twenty six in the fourth year and so on if something like a six percent inflation rate is going to be persistent and we could all admit that the Federal Reserve is not exactly the most reliable but even they think that inflation will begin to slow down throughout the next year and they hope to see 2.3 percent inflation in 2023 and finally back down to 2.1 percent inflation in 2024. as far as whether or not that actually happens is anybody's guess but expecting to see inflation like this consistently is still rather unlikely on top of that the wealth of Common Sense blog broke down the years of highest inflation since 1940 and they found that during the years of highest inflation stocks actually wound up increasing by an average of 9.4 percent two raising interest rates might not be so terrible yes it is true that Rising rates tend to suppress stock values but that's not necessarily

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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