Record #4218
The Federal Reserve will raise interest rates at least two times (instead of cutting) to rein in surging inflation
PendingRecorded occurrence
Each quote retains its own speaker, episode, publication date, timestamp when available, and full-source link.
Occurrence 1 of 1 · source record #4218 MeidasTouch · Tuesday Afternoon Breaking News Updates with Ben - 6/23/2026
Original quoteInflation is surging right now and I would not be shocked. The Fed is going to have to step in. They'll probably, as Bank of America says, have to raise interest rates two, three times maybe more at this point when they were supposed to do interest rate cuts.
Quote begins at 19:49
Prediction time2026-06-23
Exact speaking time unavailable; using the official episode publication date.
Episode published2026-06-23
FirmnessLoose
TopicEconomy
Resolve byopen
Boldness55 · Notable
How the call settles
The FOMC announces at least two increases in the federal funds rate (rather than cuts) in the period following June 2026
Our reasoning
Pending. It will be judged only by this stored rule: The FOMC announces at least two increases in the federal funds rate (rather than cuts) in the period following June 2026 Deadline or event: open.