"a large portion of that increase is based on a lagging indicator that's already shown to be declining and it's probably not going to show up towards the middle or end of this year"
By Graham Stephan | January 31, 2024 | Incorrect
From video
URGENT: The FED Cancels Rate Cut, Market Plummets, Major Changes Ahead 00:02:40 - 00:02:49
Interpreted Prediction
The impact of the lagging housing indicator on inflation will likely not be reflected in reported inflation figures towards the middle or end of 2024.
AI Evaluation Notes
Evaluated on 2026-04-19
The prediction stated that the impact of the lagging housing indicator on inflation would not be reflected in reported figures by mid-to-late 2024. However, data shows that housing costs were a major driver of inflation throughout 2024, with shelter inflation significantly contributing to the CPI figures due to its lagging nature [1, 6, 12, 14, 15].

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