ilmscore | BREAKING: Lowest Inflation Since 2021: What You Need To Know

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
The Federal Reserve Bank is predicted to start cutting interest rates in September based on the latest inflation report.
"I think this inflation report is a green light for the Federal Reserve Bank to begin cutting interest rates this September"
Federal Reserve Interest Rates
Pending
The Federal Reserve Bank has shifted its stance on interest rate cuts, now indicating they will consider cuts when inflation is heading towards 2%, rather than strictly waiting for it to reach 2%.
"what the Federal Reserve Bank used to say was that they're not going to cut interest rates until they see inflation fall to 2% and then just recently what the feder Reserve Bank started to say is we're not going to wait until we see 2% inflation we're going to wait until we see see inflation heading towards 2%"
Federal Reserve Interest Rates
Pending
Many believe the Federal Reserve Bank will cut interest rates in September or sooner, driven by falling inflation and rising unemployment.
"this is what now is fueling many people to believe that the bettered Reserve Bank is going to cut interest rates starting September or maybe earlier"
Federal Reserve Interest Rates
Pending
Shelter inflation is projected to be 4.8% year-over-year in December and remain above pre-pandemic levels through the end of 2025.
"they project shelter inflation to reach 4.8% year over-year in December and stay above pre-pandemic levels through the end of the year in 2025"
Housing Inflation
Pending
Consumers are delaying home improvement projects, waiting for interest rates to fall to make borrowing cheaper and stimulate this spending.
"because interest rates are expected to fall people are just deferring their home improvement projects they're waiting for interest rates to fall because when rates fall it's going to stimulate the economy it's going to make borrowing money cheaper so people are going to be able to go out and borrow more money and do more of these Home Improvement projects"
Home Improvement Spending
Pending
Interest expenses are the fastest-growing expenditure for the United States government, surpassing military and Medicare costs.
"the fastest growing expense actually the fastest growing expense for the United States government is not the military it's not Medicare it's interest expenses"
US Government Interest Expenses
Pending
The US government is currently spending more on interest payments than on its military.
"right now the United States government is spending more money on interest than they are on our own military"
US Government Interest Expenses
Pending