Started Dec 17, 2021 06:00PM UTC   •   Closed May 04, 2022 07:01AM UTC

At close of business on 4 May 2022, 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 16 March 2022?

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 May meeting is scheduled for 3-4 May 2022.

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The question closed "Higher" with a closing date of 4 May 2022.

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

Forecast Profile

Participation Level
Number of Forecasters 136
average for questions in their first 6 months: 226
Number of Forecasts 486
average for questions in their first 6 months: 551
Accuracy of participants
Participants in this question vs. all forecasters about average

Most Accurate

Relative Brier Score

1.
-0.059
2.
-0.058
3.
-0.058
4.
-0.056
5.
-0.051

Recent Consensus, Probability Over Time

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