Graham Stephan, relaying another source: Fed policy rate will rise

Said on Feb 1, 2023, at 7:45 in the video.

What was said
Graham Stephan

@grahamstephan

“as of right now a peak federal funds rate of 4.75 to 5 percent is being priced in and all of that will be determined from the information and data that we receive between today and March 22nd”
Watch at 7:45THE FED JUST BAILED OUT THE STOCK MARKET
PredictionFed policy ratewill rise
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 Feb 1, 2023
−2%0%2%4%6%2020202120222024Said on Feb 1, 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

what happens in fact the chief Economist at ING said that U.S inflation shows price pressures are easing yet in an environment of a strong jobs Market the Federal Reserve will be weary of calling the top in interest rates especially since there's the concern that if investors think inflation is over they will spend more money causing inflation to persist even longer that's why it's believed that the Federal Reserve is not going to give us any indication on what's going to happen too far in advance but as of right now a peak federal funds rate of 4.75 to 5 percent is being priced in and all of that will be determined from the information and data that we receive between today and March 22nd however on the positive side consumer expectations for near-term inflation did fall to the lowest level since April of 2021 at 3.9 percent for the next year which means the fed's plan seems to be working as far as what I think about everything going on let's talk about the rising unemployment at a first glance yes it is shocking to see just how many jobs have been lost over these last few months but in many of those cases those companies also hired so many people throughout the last few years that the

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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