ilmscore | NEW: The Fed Says Transitory Inflation Is Back & Economy Is Slowing

Predictions from this Video

Total: 11
Correct: 8
Incorrect: 3
Pending: 0
Unrated: 0
Prediction
Topic
Status
Federal Reserve Bank (via Jerome Powell) predicted slower economic growth for 2025.
"Jerome Powell is the chairperson at the Federal Reserve Bank. And he said that they are predicting slower economic growth for 2025."
Economic Growth
Incorrect
Federal Reserve Bank predicted higher inflation for 2025.
"They're predicting higher inflation for 2025."
Inflation
Correct
Federal Reserve Bank predicted lower interest rates for 2025.
"So the Federal Reserve Bank is predicting higher inflation. They're also predicting lower interest rates."
Interest Rates
Correct
Jerome Powell predicted that the arrival of tariffs would cause inflation.
"Here's what Jerome Powell said about tariffs. quote, I do think with the arrival of the tariff inflation,"
Inflation due to Tariffs
Correct
Federal Reserve Bank believes current inflation is transitory and will come and go quickly.
"if we, the Federal Reserve Bank, believe inflation is going to be transitory, there's nothing we need to do because it's transitory. It's just going to come and go. That's what the Federal Reserve Bank is saying today."
Inflation
Incorrect
Trump administration is anticipated to increase tariffs on April 2, 2025.
"April 2nd is where President Trump and the Trump administration are anticipated to increase tariffs and create larger, more sweeping tariffs."
Tariffs
Correct
Speaker predicted continued chaos in the markets/economy.
"because you bet we're going to continue to see chaos."
General market/economic conditions
Incorrect
Speaker predicted ongoing fights between the President and the Federal Reserve Bank.
"We're going to see fights between the president and the Federal Reserve Bank."
US Politics / Monetary Policy
Correct
Speaker predicted ongoing fights related to tariffs.
"We're going to see fights with tariffs."
Trade Policy / Tariffs
Correct
Speaker predicted ongoing fights related to Dogecoin.
"We're going to see fights with Doge."
DOGE
Correct
Speaker predicted ongoing fights related to economic policies.
"We're going to see fights with economic policies."
Economic Policy
Correct