ilmscore | Prediction Details
"we currently sit at 4.1 and if this continues to cool with all this talk about big Tech reducing their guidance for 2025 and if there's more layouts that continue to happen then again it should only be a matter of time that potentially the Federal Reserve might no longer be in a position to continue to cut interest rates if the labor market doesn't support it"
By Ricky Gutierrez | November 3, 2024 | Pending
From video
(NEW) Worst Job Report Since COVID: EXPLAINED 00:04:02 - 00:04:24
Interpreted Prediction
If the US unemployment rate, currently at 4.1%, continues to cool (e.g., rise significantly) and big tech companies announce further layoffs in 2025, the Federal Reserve will likely cease cutting interest rates.

Prediction Details

Topic
US Economy / Federal Reserve Policy

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.