ericbays asks:
What will be the value of Total Assets of the Federal Reserve as of 29 March 2023?
Closed Mar 29, 2023 07:01AM UTC
As inflation began rising in the US and around the world in 2021, the Federal Reserve has laid the groundwork to begin reducing the size of its balance sheet as it raises interest rates (US News & World Report, CNBC, Investopedia). The outcome will be determined using data provided by the Federal Reserve, with "Zoom" set to "1 y" (Federal Reserve, Federal Reserve - Table Format (data table)). As of 13 April 2022, the Total Assets of the Federal Reserve were $8,965,487 million, or $8.965487 trillion.
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The question closed "More than $8.4 trillion but less than $8.8 trillion" with a closing date of 29 March 2023.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than $7.2 trillion | 0% | |
| Between $7.2 trillion and $7.6 trillion, inclusive | 0% | |
| More than $7.6 trillion but less than $8.0 trillion | 0% | |
| Between $8.0 trillion and $8.4 trillion, inclusive | 1% | |
| More than $8.4 trillion but less than $8.8 trillion | 62% | |
| Between $8.8 trillion and $9.2 trillion, inclusive | 36% | |
| More than $9.2 trillion | 1% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 47 |
| Average for questions older than 6 months: 195 | |
| Number of Forecasts | 428 |
| Average for questions older than 6 months: 559 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
