ilmscore | Prediction Details
"Jerome Powell believes that cutting mortgage rates will not make the inflation problem worse cutting mortgage rates can increase demand but the increase in demand can be balanced out by a cooler economy"
By Minority Mindset | October 19, 2024 | Pending
From video
The Great Housing Market Shift Has Begun 00:08:13 - 00:08:23
Interpreted Prediction
Jerome Powell believes that reducing mortgage rates will not exacerbate inflation, as increased demand will be offset by a cooling economy.

Prediction Details

Topic
Federal Reserve Policy

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