ilmscore | Prediction Details
"because in the 1970s when inflation hit 11 paul volcker who was the federal reserve chairman at the time had to raise the rates to 20 just to cancel it out we don't have 11 inflation we have seven percent and we're raising rates by one to two percent"
By Andrei Jikh | January 24, 2022 | Pending
From video
What Happens Next | SUPERBUBBLE 00:08:35 - 00:08:50
Interpreted Prediction
The current rate increases of 1-2% are significantly lower than the 20% rate hikes needed in the 1970s to combat 11% inflation, suggesting a potential disconnect in policy response to current 7% inflation.

Prediction Details

Topic
US Interest Rates

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