ilmscore | Prediction Details
"In 2007, the Federal Reserve Bank cut interest rates by 1%. In a proactive measure to prevent a potential recession because we were starting to see the economic worries happen. And in 2007, the stock market rose by three and a half%."
By Minority Mindset | September 21, 2024 | Pending
From video
The TRUTH On How Rate Cuts Will Impact The Stock Market in 2024 00:01:18 - 00:01:32
Interpreted Prediction
A 1% Fed rate cut in 2007, intended to prevent a recession, was followed by a 3.5% stock market increase.

Prediction Details

Topic
Stock Market Performance during Fed Rate Cuts

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.