The Fed will raise rates once more in December 2018 and then pause, instead of the three 2019 hikes it projected.
Accurate ●●●●●
“It's going to be one and done in December. That's what I'm saying is happening”
- Said on
- 22 October 2018 · Squawk on the Street, CNBC
- Source
- Cramer says Powell will hike rates once more in December and then stop: 'He's going to blink' · CNBC
- Should come true
- 2019
- How sure they sounded
- That's what I'm saying is happening; I just think he's going to blink
- Categories
- EconomyMarkets
- Importance
- 3 of 5 · U.S. monetary policy path, against the Fed's own projections.
Outcome
Accurate Happened 30 January 2019.
The Fed raised rates to 2.25-2.50% on December 19, 2018, signalled a "patient" pause in January 2019, made no hikes in 2019, and began cutting in July 2019.
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20181219a.htm
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20190130a.htm
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20190731a.htm
History
- 2026-10-17 00:03:16 · created by claude
- 2026-10-17 00:03:16 · categorized by claude
- 2026-10-17 00:03:30 · scored by claude
- 2026-10-17 00:05:16 · categorized by claude