ilmscore | Prediction Details
"Jerome Powell indicated that we're likely to see three rate Cuts throughout 2023 of 25 basis Points each which would take us to a federal funds rate to 4 1/2% and eventual mortgage rates between 5 1/2 to 6 1/2%"
By Graham Stephan | December 27, 2023 | Pending
From video
How The Housing Crash Will Happen 00:07:51 - 00:08:03
Interpreted Prediction
Jerome Powell indicated three 25 basis point rate cuts in 2023, bringing the federal funds rate to 4.5% and mortgage rates to 5.5%-6.5%.

Prediction Details

Topic
Interest Rates

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