On 1 August 2019, will the upper limit of the Federal Reserve's target range for the federal funds rate be higher, the same, or lower than it was on 31 January 2019?

Started Feb 01, 2019 06:00PM UTC
Closed Aug 01, 2019 06:59AM UTC

The U.S. federal funds rate is the interest rate charged for overnight lending among financial institutions with accounts at the Federal Reserve and sets the base rate for borrowing costs across the financial system (Investopedia, The Federal Reserve). The upper limit of the range, set by the Federal Open Market Committee, was 2.5% at the end of the trading day on 31 January 2019 (The Federal Reserve, The Federal Reserve).


The question closed "Lower" with a closing date of 1 August 2019 (The Federal Reserve).  

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Possible Answer Correct? Final Crowd Forecast
Higher 0%
Same 10%
Lower 90%

Crowd Forecast Profile

Participation Level
Number of Forecasters 259
Average for questions older than 6 months: 208
Number of Forecasts 801
Average for questions older than 6 months: 589
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.828
2.
-0.674
3.
-0.629
4.
-0.611
5.
-0.55

Recent Consensus, Probability Over Time

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