Ray Dalio

US interest rates will rise from about 2.5% to the higher end of a 4.5%-6% range in this tightening cycle.

Accurate ●●●●●
“It looks like interest rates will have to rise a lot (toward the higher end of the 4.5% to 6% range)”
Said on
13 September 2022 · LinkedIn article after the August 2022 CPI report
Source
Billionaire investor Ray Dalio has a gloomy market prediction for what 4.5% interest rates would mean for stocks · Fortune (Bloomberg)
Should come true
by 2024
How sure they sounded
It looks like
Categories
EconomyBanking
Importance
3 of 5 · Call on the peak of the Fed's 2022-23 rate cycle.

Outcome

Accurate Happened 26 July 2023.

Inferred window: this tightening cycle (through 2024). The Fed raised its target range to 5.25-5.50% in July 2023 (effective rate about 5.33%), and the 10-year Treasury yield reached about 5% in October 2023, in the upper part of the 4.5-6% range. In the same post he guessed the Fed would be easier than that, but the stated rate call held.

Evidence:

History
  • 2026-10-17 00:14:49 · created by claude
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