Graham Stephan: Fed policy rate — no direction stated

Said on Jan 28, 2026, at 11:17 in the video.

What was said
Graham Stephan

@grahamstephan

“the Federal Reserve decided not to lower interest rates, at least through the end of March.”
Watch at 11:17BREAKING: The FED Just Froze Rates – Stocks / Gold / Housing SURGING While Dollar PLUMMETS!
PredictionFed policy rate— no direction statedChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Not verifiable

Not verifiable: no direction stated. The claim does not say whether the policy rate will be cut or raised.

30 days

Not verifiable

90 days

Not verifiable

180 days

Not verifiable

1 year

Not verifiable

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
3.5%4%4.5%5%5.5%6%202320232024202520262027Said on Jan 28, 2026
3.5%4%4.5%5%5.5%6%2023202420252027Said on Jan 28, 2026

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 v4Not verifiable————
90 daysR-FED v4Not verifiable————
180 daysR-FED v4Not verifiable————
1 yearR-FED v4Not verifiable————
3 yearsR-FED v4Not verifiable————
5 yearsR-FED v4Not verifiable————
Why: 30 days

Not verifiable: no direction stated. The claim does not say whether the policy rate will be cut or raised.

Why: 90 days

Not verifiable: no direction stated. The claim does not say whether the policy rate will be cut or raised.

Why: 180 days

Not verifiable: no direction stated. The claim does not say whether the policy rate will be cut or raised.

Why: 1 year

Not verifiable: no direction stated. The claim does not say whether the policy rate will be cut or raised.

Why: 3 years

Not verifiable: no direction stated. The claim does not say whether the policy rate will be cut or raised.

Why: 5 years

Not verifiable: no direction stated. The claim does not say whether the policy rate will be cut or raised.

What was said around it

Homes listed are sitting for a median of 39 days on the market. 29% are sold to first-time buyers, 28% are all cash transactions, and 18% were sold to investors, which is pretty much unchanged from a year ago. That's why I think we're likely going to see a lot more of the same throughout 2026, unless of course mortgage rates come down dramatically or they pass some rather large tax incentives. So, in terms of what Jerome Powell just said about this and how this impacts you, here's what you came for. Like I mentioned earlier, as of a few hours ago, the Federal Reserve decided not to lower interest rates, at least through the end of March. Although, once Jerome Pel's term is up in May, that's where things are going to get very interesting. For example, Trump recently said that he wants a Fed chairman like Alan Greenspan in the 1990s. For those unaware, Alan Greenspan was the person who coined the term irrational exuberance in late 1996 about the stock market. Then he left rates unchanged. While the markets went higher and higher and higher until eventually it popped, he finally lowered rates. And that's what subsequently led to the last decade through 2012. This suggests that we could

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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