Foxes Ask:
At close of business on 18 March 2020, will the upper limit of the Federal Reserve's target range for the federal funds rate be lower, the same, or higher than it was at close of business on 29 January 2020?
Closed Mar 18, 2020 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 (Federal Reserve). The target range for the federal funds rate is set by the Federal Open Market Committee (FOMC). Its March meeting is scheduled for 17-18 March 2020.
Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.
The question closed "Lower" with a closing date of 18 March 2020.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Lower | 100% | |
| Same | 0% | |
| Higher | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 138 |
| Average for questions older than 6 months: 207 | |
| Number of Forecasts | 334 |
| Average for questions older than 6 months: 587 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
