Andrei Jikh, relaying another source: Fed policy rate will fall

Said on May 22, 2023, at 13:27 in the video.

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
−2%0%2%4%6%202020212022202220232024Said on May 22, 2023
−2%0%2%4%6%2020202120232024Said on May 22, 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

Somebody else's forecast — not scored

What was said around it

misunderstand what inflation actually is supposed to represent that just means that inflation will continue to put a strain on people's savings their credit card debt and the people that it'll hurt the most are those without an emergency fund and people without a cash cushion and that ultimately leads us to the ultimate question of what will Papa Jerome Powell do will he get us out of that future recession by low lowering interest rates or will he keep those interest rates High to try to get rid of the inflation AKA slowed down the rate of price expansion now the stock market thinks he'll start lowering interest rates as early as November and believe it or not data actually kind of supports that conclusion dating back to the 1950s the average amount of time the Federal Reserve started to cut rates after their final rate increase was only just two months now we've already seen our last interest rate increase in May of this year so sometime later this year we might see interest rates go down the FED is telling us that won't happen but data shows that it actually might now if you're in the market to buy something you might get an opportunity to get that lower rate later this year personally

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