Question 23 of 112 in In the News 2021
Started Jul 30, 2021 05:00PM UTC   •   Closing Dec 15, 2021 08:01AM UTC

At close of business on 15 December 2021, 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 3 November 2021?

Tags
Challenges

The US 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 14-15 December 2021.

Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.

To learn more about how you can become a Superforecaster, see hereFor other posts from our Insights blog, click here.

Possible Answer Crowd Forecast Change in last 24 hours
Lower 0.00% +0.00%
Same 99.00% +0.00%
Higher 1.00% +0.00%

Sign up or sign in to forecast!

Sign Up Sign In
Tip: Mention someone by typing @username