URGENT: Federal Reserve STOPS Rates Hikes, Prices Fall, Major Pivot Ahead!

Published: 2024-06-12
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 2
Incorrect: 4
Pending: 0
Prediction
Topic
Status
The first Federal Reserve interest rate cut will not occur before September 2024.
"there's still no reason to think that a First Rate cut will come any earlier than September"
Fed Rate Cuts
Correct
Median housing prices in the US will rise by 6% from June 2024 to the end of 2024 (as per Zillow).
"Zillow has just revised her 2024 prediction and they forecast that housing prices will only rise 6% for the rest of 2024"
Housing Prices
Incorrect
Core inflation will subside to 2.8% by the end of 2024 (as per Federal Reserve projections).
"they forecast core inflation subsiding to 2.8% by the end of the year"
Core Inflation
Incorrect
Core inflation will fall to 2.3% by the end of 2025 (as per Federal Reserve projections).
"falling to 2.3 % by the end of 2025"
Core Inflation
Incorrect
The unemployment rate will increase to 4.2% in 2025 (as per Federal Reserve projections).
"they believe that the unemployment rate is going to uptick slightly in 2025 to 4.2%"
Unemployment Rate
Correct
The Federal Reserve is signaling the potential for only one interest rate cut in 2024 (as per Federal Reserve projections).
"they're signaling the potential of only one rate cut in 2024"
Fed Rate Cuts
Incorrect