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

Said on Aug 19, 2024, at 15:12 in the video.

What was said
Andrei Jikh

@andreijikh

“right now the market is predicting a 74% chance that they're going to lower interest rates by at least a qu% in September”
Watch at 15:12The Japan Bubble: How One Country Is Holding Up The Entire World
PredictionFed policy ratewill fall
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%202120222023202420252025Said on Aug 19, 2024
−2%0%2%4%6%2021202320242025Said on Aug 19, 2024

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

unemployment and that's exactly what we're seeing in this chart also economists say that it takes on average roughly 10 quarters after the first rate increase to put economies into a recession and right now we're on that 10th quarter which means the likelihood of us being in a recession is statistically higher and that's why when you add everything up together everyone is sort of waiting to see what the most important Bank of all will do of course the Federal Reserve the central bank and no one knows what they're going to do until September but right now the market is predicting a 74% chance that they're going to lower interest rates by at least a qu% in September now this doesn't always happen but when the FED starts to Pivot and lower interest rates that usually means the sign of a slowing economy and a potential recession ahead that's not to say that we are in a recession or we're going to be in one but those are just some of the things I've noticed now if you made it this far into the video here's what I'm personally doing please understand this is not supposed to be Financial advice and I don't want anyone to confuse the view counts of my video or the subscriber count of my channel as me

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