Prediction record

Hiteconomy

If November core CPI comes in below 6.3%, the Fed raises rates by 50 basis points at the December 2022 FOMC meeting.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Hiteconomy

if in December we get a reading for November on core inflation that is lower than 6.3 percent I think they will likely go with 50 basis points

If November core CPI comes in below 6.3%, the Fed raises rates by 50 basis points at the December 2022 FOMC meeting.

Made on
2022-11-10
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

Criterion

Resolution status
resolved
Resolved on
2022-12-14

Conditional on Nov core CPI < 6.3%, the Fed raises the target rate by 50bp at the December 2022 FOMC meeting.

Conditional prediction: antecedent TRIGGERED (Nov core CPI 6.0% < 6.3%) and the predicted consequent (50bp Dec hike) occurred. Antecedent and consequent both confirmed against primary sources.

Sources

  • Inflation Report | Effect on Risk Assets

    YouTube ·

    Source

Outcome evidence

  • November 2022 core CPI (all items less food and energy) rose 6.0% over the prior 12 months, below the 6.3% threshold in the prediction's antecedent. Released by BLS on Dec 13, 2022.

    Evidence

  • On Dec 14, 2022 the FOMC raised the target range by exactly 50 basis points to 4.25-4.50%, breaking a string of four straight 75bp hikes. Both the antecedent (core CPI < 6.3%) and the predicted 50bp outcome occurred.

    Evidence

Corrections

  • conditional condition met: Antecedent (Nov core CPI 6.0% < 6.3%) objectively occurred per BLS 2022-12-13 release; field should record the triggered condition.

Score contribution

+2.76
Confidence
80%
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

If November core CPI comes in below 6.3%, the Fed raises ra…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2022-11-10

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Evidence firstMethodology