Started May 06, 2022 05:00PM UTC   •   Closed Sep 21, 2022 07:01AM UTC

At close of business on 21 September 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 27 July 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 September meeting is scheduled for 20-21 September 2022.

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The question closed "Higher" with a closing date of 21 September 2022.

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Possible Answer Correct? Final Crowd Forecast
Lower 1%
Same 6%
Higher 93%

Crowd Forecast Profile

Participation Level
Number of Forecasters 80
Average for questions in their first 6 months: 216
Number of Forecasts 243
Average for questions in their first 6 months: 537
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.022
3.
-0.021
4.
-0.02
5.
-0.019

Recent Consensus, Probability Over Time

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