In 2016 the Federal Reserve will reverse its December 2015 rate hike, cut rates below zero and launch a fourth, larger round of quantitative easing.
Inaccurate ●●●●●
“They're going quickly have to reverse course next year. They are going to bring rates into negative territory ... and they're going to do QE 4 and it's going to be bigger than ever.”
- Said on
- 17 December 2015 · CNBC "Futures Now" interview, Thursday Dec 17, 2015, the day after the Fed's first rate hike in nearly a decade
- Source
- Gold is still going to $5,000: Peter Schiff · CNBC
- Should come true
- 2016
- How sure they sounded
- They're going to; They are going to
- Categories
- EconomyMarkets
- Importance
- 3 of 5 · US monetary policy affects the whole US economy and global markets.
Outcome
Inaccurate
The Fed did not reverse course in 2016: it raised rates again on December 14, 2016 (to 0.5-0.75%), never set negative rates, and did not restart large-scale asset purchases until March 2020, more than three years after the window.
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20161214a.htm
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20200315a.htm
History
- 2026-10-17 07:50:22 · created by claude
- 2026-10-17 07:50:22 · categorized by claude
- 2026-10-17 07:50:32 · scored by claude