ilmscore | The Fed Wants A Job Reset NOW

The Fed Wants A Job Reset NOW

Predictions from this Video

Total: 21
Correct: 0
Incorrect: 0
Pending: 21
Unrated: 0
Prediction
Topic
Status
The Federal Reserve raised interest rates by 0.25%, as predicted by the market.
"the Federal Reserve has once again raised their interest rates to fight inflation and this time by a quarter percent exactly like the market predicted"
Federal Reserve Interest Rates
Pending
The speaker suggests that layoffs and lower wages are expected and potentially desired by policymakers.
"we actually want to see in here about more layoffs and lower wages more firing"
Layoffs and Unemployment
Pending
Corporate profits are at all-time highs, with Moderna increasing vaccine prices by 400%.
"corporate profits have been at an all-time high just take a look at the recent development with moderna the CEO is increasing vaccine prices by 400 percent"
Corporate Profits and Inflation
Pending
The Federal Reserve raised interest rates by 0.25%, which was in line with market predictions.
"the Federal Reserve has once again raised their interest rates to fight inflation and this time by a quarter percent exactly like the market predicted"
Federal Reserve Interest Rates
Pending
Demand-side inflation accounted for 30% of total inflation, while rising corporate profit margins accounted for 40%.
"demand side inflation meaning from the consumer side which includes money spent from stimulus checks and personal savings rates only accounted for 30 percent of all inflation But Rising corporate profit margins from businesses charging more accounted for a total massive 40 percent of all inflation"
Inflation Drivers
Pending
Demand-side inflation accounted for 30% of overall inflation, while rising corporate profit margins contributed 40%.
"demand side inflation meaning from the consumer side which includes money spent from stimulus checks and personal savings rates only accounted for 30 percent of all inflation But Rising corporate profit margins from businesses charging more accounted for a total massive 40 percent of all inflation"
Inflation Drivers
Pending
CEO compensation has increased by over 1400% since 1978, reaching 399 times the average worker's pay.
"CEOs were paid 399 times more than the average worker with their incomes up over 1400 percent since 1978."
CEO Compensation
Pending
Corporate profit margins are at their highest levels since the 1950s.
"corporate profit margins are at their largest since the 1950s"
Corporate Profits
Pending
Corporate profit margins are at their highest since the 1950s, with oil profits at their highest in over a century and meat packing profits up over 300%.
"corporate profit margins are at their largest since the 1950s oil profits at the highest in over a century meat packing profits over 300 percent"
Corporate Profit Margins
Pending
CEO compensation has increased by over 1400% since 1978, and they are paid 399 times more than the average worker.
"CEOs were paid 399 times more than the average worker with their incomes up over 1400 percent since 1978."
CEO Compensation
Pending
The unemployment rate is 3.4%, a 53-year low.
"that unemployment rate 3.4 percent 53-year low unemployment's low"
Unemployment Rate
Pending
The unemployment rate reached 3.4%, a 53-year low.
"unemployment rate 3.4 percent 53-year low"
Unemployment Rate
Pending
The Federal Reserve's dual mandate is to achieve price stability (2% inflation) and maximum employment (unemployment rate of 4% or less).
"the FED dual mandate policy just says that the FED has a goal of having price stability and maximum employment The fed's definition of stable prices means inflation growing at a rate of two percent per year and it defines maximum employment as having an unemployment rate of four percent or less"
Federal Reserve Dual Mandate
Pending
The Federal Reserve's dual mandate aims for price stability (2% inflation) and maximum employment (unemployment rate of 4% or less).
"the FED dual mandate policy just says that the FED has a goal of having price stability and maximum employment The fed's definition of stable prices means inflation growing at a rate of two percent per year and it defines maximum employment as having an unemployment rate of four percent or less"
Federal Reserve Dual Mandate
Pending
The current inflation rate (PCE) is around 5.4%, or 4.7% excluding food and gas.
"as of the latest inflation pce report today that number is closer to 5.4 or 4.7 percent if you exclude food and gas"
Current Inflation Rate
Pending
The latest PCE inflation rate is around 5.4%, or 4.7% excluding food and gas.
"as of the latest inflation pce report today that number is closer to 5.4 or 4.7 percent if you exclude food and gas"
Current Inflation Rate
Pending
The current unemployment rate is 3.6%, the lowest since approximately 1969.
"right now we're doing really great 3.6 percent which is extremely low the lowest level of unemployment since around 1969"
Current Unemployment Rate
Pending
The current unemployment rate is 3.6%, the lowest since approximately 1969.
"right now we're doing really great 3.6 percent which is extremely low the lowest level of unemployment since around 1969"
Current Unemployment Rate
Pending
Raising interest rates could lead to approximately 10 million people losing their jobs.
"raising interest rates can put an estimated 10 million people out of work"
Impact of Interest Rate Hikes
Pending
Capital and money are treated preferentially over labor and jobs in the US.
"capital in this country or money has had a preferential treatment over labor meaning the way we treat those with money has been much better than the way we treat those with jobs"
Labor vs. Capital Treatment
Pending
Raising interest rates is estimated to cause 10 million people to lose their jobs.
"raising interest rates can put an estimated 10 million people out of work"
Impact of Interest Rate Hikes
Pending