ilmscore | The Truth About The Latest Inflation Report

The Truth About The Latest Inflation Report

Published: 2023-09-30
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The Federal Reserve Bank intends to keep interest rates high through 2026.
"the Federal Reserve Bank May raise interest rates again in 2023 they have said now publicly in September that they want to keep interest rates High through 2026"
Interest Rates
Pending
Historically, 11 out of 14 Federal Reserve rate hiking cycles in the US have resulted in a recession.
"the last 14 times the Federal Reserve Bank has gone through a rate hiking cycle in the United States 11 of those times ended up in a recession"
Recession
Pending
Adjustable-rate debts taken on during the low-interest rate period will begin to readjust, with costs becoming apparent over the next 24 months, leading into the end of 2025.
"when those debts go to readjust there going to be a cost to that and that's going to be coming in the next 24 months by the end of 2025 you'll be seeing more and more of that coming to readjust"
Debt Repricing
Pending
A breaking point in consumer spending is anticipated sometime in 2024, potentially due to the restart of student loan payments.
"some point in 2024 you will see this quote unquote breaking point because now you're seeing student loans start to restart"
Breaking Point in Consumer Spending
Pending
Recessions have historically occurred approximately every decade in the US; the last decade and a half has not seen a significant recession.
"we've seen a recession pretty much every decade for the last century and we haven't seen a real recession in the last decade and a half"
Economic Downturns
Pending