Market question: Powell says "inflation" 15+ times in FOMC statement?
Category: Politics
Tags: powell, fomc, Inflation, Politics, Fed Rates, Economy, Business, Mentions

Jerome Powell is currently scheduled to give an FOMC Introductory Statement and press conference on September 18 at 2:00 PM ET.

This market will resolve to "Yes" if Powell says "inflation" 15 or more times during the FOMC Introductory Statement. Otherwise, this market will resolve to "No". Note that this market only pertains to his Introductory Statement.

Any usage of the word regardless of context will count toward the resolution of this market. Pluralization/possessive of the word will count toward the resolution of this market, however other forms will NOT count (i.e. inflationary would not count).

Compound words will count as long as "inflation" is part of the compound word and references the meaning which refers to increases in costs of goods and services.

If no such statement happens by September 18, 2024, 11:59 PM ET, this market will resolve to "No".

The resolution source will be video and transcripts of the FOMC Introductory Statement.

Outcome: Yes