Jerome Powell: Speech, Oct 14, 2025

Tue, Oct 14SpeechHistory onlyJerome Powell

Updated

Markets

19 words · 8 settled yes

backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.

Listed words: result, and the probability (a walk-forward backtest on settled rows)
WordResultProbabilityMarket
Pandemic Yes69%n=3 from settlement history–
Employment / Unemployment 15+ timesYes–n=1 too little history for a probability–
Payroll Yes–n=1 too little history for a probability–
Pardon Me / Sorry Yes–new new word, no probability yet–
Shutdown / Shut Down Yes–new new word, no probability yet–
Beige Book Yes30%n=2 from settlement history–
Money Yes–n=1 too little history for a probability–
AI / Artificial Intelligence Yes27%n=3 from settlement history–
Consumer Spending No–new new word, no probability yet–
Inflation 25+ timesNo–new new word, no probability yet–
Inflation 35+ timesNo–new new word, no probability yet–
Labor Market 10+ timesNo–new new word, no probability yet–
Percent 10+ timesNo–new new word, no probability yet–
Recession / Depression No–new new word, no probability yet–
Tariff 6+ timesNo–new new word, no probability yet–
Good Afternoon No29%n=4 from settlement history–
Rate Cut No–n=1 too little history for a probability–
Trump No13%n=5 from settlement history–
Crypto / Bitcoin No12%n=4 from settlement history–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 21, 2026 04:22 UTC.

Transcript

No transcript source yet. The results above are how the venues settled the markets.

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