Started Jul 31, 2020 05:00PM UTC   •   Closed Dec 16, 2020 08:01AM UTC

At close of business on 16 December 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 5 November 2020?

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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 December meeting is scheduled for 15-16 December 2020.

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The question closed "Same" with a closing date of 16 December 2020.

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Possible Answer Correct? Final Crowd Forecast
Lower 0%
Same 100%
Higher 0%

No. of
Forecasters

96

Forecast
Count

174

Crowd Brier Score

0.0005


Most Accurate

Relative Brier Score

1.
-0.0
4.
-0.0
5.
-0.0

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