ilmscore | BREAKING: Inflation Drops To Lowest Levels Since 2021 - What It Means For You

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
The Federal Reserve is predicted to cut interest rates by 0.25% on September 18th, rather than 0.5%, due to a slight rise in core inflation.
"the Federal Reserve Bank is still going to cut interest rates next week on September 18th when they meet. But number two, instead of doing a big.5% interest rate cut, they're now expecting the Federal Reserve Bank to do a 0.25% 25% interest rate cut, also known as a 25 basis point interest rate cut next week because we saw this slight rise in core inflation."
Federal Reserve Interest Rate Cuts
Pending
The Federal Reserve is expected to announce interest rate cuts at their September 18th meeting.
"On September 18th, they're going to make their announcement as to what they want to do with interest rates. And the Federal Reserve Bank has said multiple times now that it's time to start cutting interest rates."
Federal Reserve Interest Rate Cuts
Pending
The Federal Reserve is predicted to cut interest rates on September 18th.
"the Federal Reserve Bank is still going to cut interest rates next week on September 18th when they meet."
Federal Reserve Interest Rate Decision
Pending
The expected interest rate cut by the Federal Reserve next week is predicted to be 0.25% (25 basis points), down from an earlier expectation of 0.5%.
"instead of doing a big.5% interest rate cut, they're now expecting the Federal Reserve Bank to do a 0.25% 25% interest rate cut, also known as a 25 basis point interest rate cut next week"
Federal Reserve Interest Rate Decision
Pending
The Federal Reserve has indicated multiple times that they will begin cutting interest rates at their upcoming meeting on September 18th.
"On September 18th, they're going to make their announcement as to what they want to do with interest rates. And the Federal Reserve Bank has said multiple times now that it's time to start cutting interest rates."
Federal Reserve Interest Rate Decision
Pending
Federal Reserve Governor Chris Waller believes it is time to lower the federal funds rate and begin cutting interest rates at the upcoming meeting.
"Chris Waller, sorry, said is that number one, quote, I believe the time has come to lower the target range for the federal funds rate at our upcoming meeting. The time has come to start cutting interest rates."
Federal Reserve Interest Rate Decision
Pending
Wall Street's consensus is that the Federal Reserve will implement a 0.25% interest rate cut.
"And based off of this data, it seems like Wall Street believes that the Fed is going to cut interest rates by 0.25%."
Federal Reserve Interest Rate Decision
Pending
Within the next 6 months, if interest rates fall by a few percent, it's predicted that a significant number of potential home buyers will enter the market due to more affordable mortgage rates, potentially allowing them to borrow larger sums.
"if the Federal Reserve Bank starts cutting interest rates and mortgage rates start to go down, let's say in the next 6 months, we see mortgage rates fall by a couple percent. You got to imagine that there's going to be a number of potential home buyers that are going to say, "hm, I've been sitting on the sidelines not wanting to buy a home because I couldn't afford a mortgage payment, but now I can borrow $500,000 because it's going to cost me less interest because as interest rates go down, your mortgage rate goes down and you can borrow that money at a cheaper rate.""
Housing Market
Pending
Increased buyer activity due to lower mortgage rates is predicted to lead to a surge in offers on homes, potentially causing bidding wars and driving up home prices.
"And so if more buyers wake up and say, "hm, maybe I should go out and buy a home now." Well, that could make more offers on homes. So, if you list your home for $500,000 now, maybe you get seven, eight, nine, 10 offers as opposed to two. And if you start to get more offers, that could create more bidding wars that could push home prices higher."
Housing Market
Pending