ilmscore | Why Inflation is a Bigger Threat Than You Think

Why Inflation is a Bigger Threat Than You Think

Published: 2024-07-10
Status: Available | Analyzed

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Topic
Status
The Federal Reserve is predicted to begin cutting interest rates before the end of 2024, based on cooling inflation.
"the Federal Reserve Bank says because inflation is cooling down they're on target to start cutting interest rates before the end of 2024"
Federal Reserve Interest Rates
Pending
More recessions and economic downturns are anticipated in the future.
"we're going to continue to see more recessions and and pains in the economy in the future"
Recessions
Pending
As of June 1st, 2024, the Federal Reserve significantly slowed down the pace of its quantitative tightening by reducing the amount of treasuries it was selling.
"on June 1st 2024 the Federal Reserve Bank changed their stance on this because then they drastically reduced how fast they were reducing their balance sheet meaning they drastically reduced how many treasuries they were selling off"
Quantitative Tightening
Pending
Homes are now selling below asking price, a trend not seen since before the pandemic.
"The typical home is now selling for less than asking price for the first time since before the pandemic"
Home Prices
Pending
The Federal Reserve's target for inflation is approximately 2%.
"the Federal Reserve Bank says that they want to see inflation fall to around 2%"
Inflation Target
Pending
Key Federal Reserve announcement dates for inflation and interest rates are July 31st, 2024, and September 18th, 2024.
"July 31st 2024 and the second is September 18th 2024 these are the next two dates that the Federal Reserve Bank is going to announce what's going on with inflation and what's going to be coming with interest rates"
Federal Reserve Meeting Dates
Pending
The Federal Reserve is expected to start cutting interest rates before the end of 2024 due to cooling inflation.
"the Federal Reserve Bank says because inflation is cooling down they're on target to start cutting interest rates before the end of 2024"
Federal Reserve Interest Rates
Pending
As of June 1st, 2024, the Federal Reserve significantly slowed down its quantitative tightening by reducing the rate at which it sells off treasuries.
"on June 1st 2024 the Federal Reserve Bank changed their stance on this because then they drastically reduced how fast they were reducing their balance sheet meaning they drastically reduced how many treasuries they were selling off"
Quantitative Tightening
Pending
More economic recessions and difficulties are anticipated in the future.
"we're going to continue to see more recessions and and pains in the economy in the future"
Economic Recessions
Pending
For the first time since pre-pandemic, typical homes are selling for below their asking price.
"the typical home is now selling for less than asking price for the first time since before the pandemic"
Housing Market
Pending
Contrary to earlier expectations in 2024, the Federal Reserve may only cut interest rates once, or not at all, during 2024 due to sticky inflation.
"earlier in 2024 there was a lot of hype and excitement about the Federal Reserve Bank cutting interest rates multiple times in 2024 which hasn't happened yet and now you kind of have the federal Reser Bank saying that yeah we might cut interest rates once in 2024 maybe we won't cut interest rates"
Interest Rate Cuts (2024)
Pending