The Fed FLIPPED The Stock Market

Published: 2024-02-01
Status: Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Prediction
Topic
Status
Federal Reserve Bank is unlikely to cut interest rates in March 2024, with the earliest potential cut being May 2024.
"I don't think it's likely that the committee meaning the Federal Reserve Bank will reach a level of confidence by the time of the March meeting to identify March as a time to cut rates. ...the soonest that they could cut interest rates according to today's meeting according to his remarks today is May."
Interest Rates
Pending
The labor market may need to soften (higher unemployment) to bring inflation under control.
"we might need to see a little bit more of a softening in the labor market that will we can make sure that inflation is under control"
Labor Market
Pending
The economy has not yet achieved a soft landing, and there is still a risk of recession due to inflation and core inflation remaining above target.
"I wouldn't say that we have achieved a soft Landing yet we have a ways to go on inflation and core inflation is still well above the Target on a 12-month basis so what it means by that is we're not in the clear for no recession yet"
Recession/Soft Landing
Pending