ilmscore | The Fed Just Refused to Cut Rates - Here’s What That Means for You

The Fed Just Refused to Cut Rates - Here’s What That Means for You

Published: 2025-08-05
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Tariff impacts on prices could lead to inflation later in 2025.
"we have seen the impacts of tariffs on the prices of things yet. So, we could see the prices of things rise later on in 2025 because of tariffs, not because of the regular inflation."
Inflation
Pending
President Trump desires interest rates to be lowered to 1%.
"President Trump has said that he wants 1% interest rates, which is quite a bit lower than where we are right now."
Interest Rates
Pending
President Trump intends to replace Jerome Powell as Federal Reserve Chair when his term ends in 2026.
"Jerome Powell's term is set to expire in 2026, and President Trump has made it very loud and clear that he's not happy with Jerome Powell, and he's planning on removing and replacing Jerome Powell when his term ends."
Federal Reserve Leadership
Pending
The 'One Big Beautiful Bill Act', signed into law by President Trump, will bring significant economic changes including tax breaks and increased funding for deportations, effective retroactively from January 1, 2025.
"President Trump signed the One Big Beautiful Bill Act into law. This big bill will bring some big changes to our economy, starting with some big tax breaks to big funding for certain things like more deportations. And the reason why you want to pay attention to this bill is because it goes into effect retroactively. It goes into effect January 1, 2025."
Economy
Pending