ilmscore | Prediction Details
"economists say that it takes on average roughly 10 quarters after the first rate increase to put economies into a recession and right now we're on that 10th quarter which means the likelihood of us being in a recession is statistically higher"
By Andrei Jikh | August 19, 2024 | Pending
From video
The Japan Bubble: How One Country Is Holding Up The Entire World 00:14:43 - 00:14:59
Interpreted Prediction
Based on historical economic patterns, reaching the 10th quarter after the first interest rate increase suggests a statistically higher likelihood of an impending recession.

Prediction Details

Topic
Recession Likelihood based on Rate Hikes

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