ilmscore | The US Economy Just Got Worse: Interest Rates Frozen, Massive Debt, & Layoffs

The US Economy Just Got Worse: Interest Rates Frozen, Massive Debt, & Layoffs

Published: 2023-11-03
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
Inflationary price growth is slowing down and approaching the Federal Reserve's 2% target.
"the only good news about inflation is that prices are growing at a slower rate closer to what the FED actually wants which is 2%"
Inflation
Pending
The full impact of interest rate hikes has not yet been felt, and the duration of current lower inflation readings is uncertain.
"we cannot yet know how long these lower readings will persist or where inflation will settle overcoming quarters and the full effects of our tightening have yet to be felt"
Interest Rates
Pending
When the Federal Reserve stops raising interest rates and eventually begins to lower them, bond prices are expected to increase.
"anytime the FED stops raising rates like they just did and like they did way back in July they haven't raised our rates that at some point it makes sense that they'll start to lower interest rates well when the FED lowers rates bond prices do go up"
Bond Market
Pending
The Federal Reserve is predicted to lower interest rates in 2024, possibly to stimulate the economy during a recession.
"sometime in 2024 or when we go into a recession because they'll have to lower rates to pull us out of it"
Federal Reserve Interest Rate Policy
Pending
The US Treasury borrowed $776 billion in the last quarter of the year and is projected to borrow over $800 billion in the first quarter of the following year.
"the US Treasury borrowed $776 billion in the last quarter of the this year and they're expected to borrow over 800 in the first quarter of next year"
US Treasury Borrowing
Pending
The US is issuing bonds at a record pace due to its high level of borrowing.
"when the US borrows money it does that by creating bonds that's why we're at a record high in issuance of bonds because we're borrowing at a record pace"
US Debt and Borrowing
Pending