ilmscore | Prediction Details
"If you remember, back in 2019, the Federal Reserve Bank had interest rates at around 2.5%. ... Then in 2019 we had worries about an economic slowdown. ... So the Federal Reserve Bank proactively started cutting interest rates in 2019. We cut interest rates three times. So interest rates came down to 1.75%."
By Minority Mindset | September 19, 2024 | Pending
From video
The Fed SHOCKED Wall Street With Their Rate Cut 00:01:36 - 00:02:08
Interpreted Prediction
In 2019, the Federal Reserve proactively cut interest rates three times, bringing them down from 2.5% to 1.75% due to worries about an economic slowdown.

Prediction Details

Topic
Interest Rates

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