ilmscore | Hotter Inflation, Lower Rates? How The Fed Is Making Life More Expensive

Hotter Inflation, Lower Rates? How The Fed Is Making Life More Expensive

Published: 2024-12-12
Status: Available | Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
Market sentiment indicates a near-certainty of the Federal Reserve cutting interest rates on December 18th.
"Wall Street is now pricing in a 99.9% chance that the Federal Reserve Bank is going to cut interest rates again next week on December 18th"
Federal Reserve Interest Rate Cuts
Pending
Jerome Powell indicated that changes to address the national debt's growth relative to the economy are necessary in 2025.
"he said that we need to make changes in 2025"
US Economy and National Debt
Pending
President-elect Trump plans to impose tariffs on various countries, potentially altering monetary policy.
"president-elect Trump wants to change monetary policy one of the things that he's been talking about is imposing tariffs on many different countries around the world"
President-Elect Trump's Trade Policy
Pending
The Bank of Canada cut interest rates by 0.5% to proactively shield their economy from a potential recession caused by anticipated US tariffs.
"the Bank of Canada just cut their interest rates by 0.5% which is considered a big interest rate cut over there and the reason why they did that is to prevent their economy from going into a recession when these tariffs go into place"
Canadian Economy and Interest Rates
Pending
China is implementing government stimulus measures to safeguard its economy against potential US tariffs.
"China's economy is starting to stimulate itself through government stimulus because they're protecting themselves against these potential tariffs"
Chinese Economy Stimulus
Pending
European countries are concerned that potential US tariffs could negatively impact their economies and potentially lead to a recession in the Eurozone.
"countries in Europe are also very concerned about these tariffs because of course that could impact those countries and push the Euro Zone the European countries into a recession as well"
Eurozone Economy and Tariffs
Pending
Over the past five years (2019-2024), inflation has outpaced median household income growth.
"the Last 5 Years between 2019 to 2024 inflation is 23% the median household income has grown by around 20%"
Income Growth vs. Inflation
Pending
Historically (1971-2021), the cost of essential items like cars, houses, and college tuition has increased at a significantly higher rate than median household income.
"between 1971 to 2021 the median household income has grown by around 600% but the prices of many things that you need have grown by much faster than that the price of a new car has grown by 850% the price of a new house has grown by over 1,000% the price of going to college has grown by almost 2,000%"
Long-Term Income Growth vs. Price Increases
Pending
Market crashes present opportunities for wealth creation by allowing investors to purchase assets at lower prices.
"we also know the market crashes create more millionaires than any other time because they create an investment opportunity for you to come in and buy when things are cheap"
Market Crashes as Investment Opportunities
Pending