ilmscore | Prediction Details
"Meaning in the past, if you look at the last number of decades when the Federal Reserve Bank has raised interest rates to fight inflation, what happened? We'd see a recession. We'd see unemployment jump, the Federal Reserve Bank chairman is saying he wants to avoid that this time around."
By Minority Mindset | August 24, 2024 | Pending
From video
It's Official: Interest Rate Cuts Are (Almost) Here 00:00:55 - 00:01:07
Interpreted Prediction
Historically, raising interest rates to fight inflation has led to recession and increased unemployment. The Federal Reserve aims to avoid this outcome in the current economic cycle.

Prediction Details

Topic
Federal Reserve Interest Rates

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