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

Said on Jan 11, 2023, at 13:27 in the video.

What was said
Coin Bureau

@coinbureau

“the central bank is dead set on keeping interest rates at five percent or higher until the end of the year notwithstanding a breakage of the sort I just described”
Watch at 13:27The Fed Said WHAT!? Latest Minutes Show What's Coming!!
PredictionFed policy ratewill riseby Dec 31, 2023
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%202020202021202220232024Said on Jan 11, 2023
−2%0%2%4%6%2020202120222024Said on Jan 11, 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

that means well the short answer is that either a big bank or Corporation will go bankrupt or the markets for government debt will become illiquid causing all sorts of issues and if you want to know what that looks like look no further than the UK where the government's guilt Market went haywire after Poor fiscal policy Decisions by short-lived former prime minister Liz truss you can find out more about what happened there using the link in the description moving on now another thing the FED minutes reveal is that the central bank is dead set on keeping interest rates at five percent or higher until the end of the year notwithstanding a breakage of the sort I just described what's annoying is that fed officials don't give any details regarding exactly how much they will raise rates going forward and then came the middle finger quote participants noted that because monetary policy worked importantly through financial markets and unwarranted easing in financial conditions especially if driven by a misperception by the public of the committee's reaction function would complicate the committee's effort to restore price stability translation if markets continue to Rally the way they have

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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