ilmscore | The Fed Meeting: Rate Hikes OVER, Indicates Three Cuts Coming in 2024

The Fed Meeting: Rate Hikes OVER, Indicates Three Cuts Coming in 2024

Published: 2023-12-13
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
The FOMC has concluded its interest rate hiking cycle.
"the fomc is all done raising rates"
Interest Rates
Pending
The median Fed participant projects the federal funds rate to be 4.6% by the end of 2024.
"the median participant projects that the appropriate level of the federal funds rate will be 4.6% at the end of 2024"
Interest Rates
Pending
The median Fed participant projects the federal funds rate to be 3.6% by the end of 2025.
"the median participant projects that the appropriate level of the federal funds rate will be [...] 3.6% at the end of 2025"
Interest Rates
Pending
The median Fed participant projects the federal funds rate to be 2.9% by the end of 2026.
"the median participant projects that the appropriate level of the federal funds rate will be [...] 2.9% at the end of 2026"
Interest Rates
Pending
Traders are predicting the federal funds rate will be significantly lower than 4.6% by December 2024.
"Traders are actually predicting that it's going to be a lot lower than that [4.6%]"
Interest Rates
Pending
The author interprets Jerome Powell's statements to mean that a recession has likely been avoided.
"he's basically saying that for the most part A recession has probably been avoided"
Economy
Pending
Mortgage rates are predicted to decrease in the future.
"we could see lower mortgage rates coming in the future"
Housing Market
Pending
Mortgage rates are expected to decrease further in early 2024, particularly as interest rates are cut.
"I wouldn't be surprised if this came down even further in 20124 early 2024 as well as when the interest rates do get cut"
Housing Market
Pending