Will the US federal-funds rate be increased before the end of the year [2015]?
Started
Sep 08, 2015 08:00PM UTC
Closed Dec 16, 2015 07:00PM UTC
Closed Dec 16, 2015 07:00PM UTC
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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 (http://www.investopedia.com/terms/f/federalfundsrate.asp). The target for the federal funds rate is set by the Federal Open Market Committee (http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm). For more information on interest rates and the recovery of the US economy see http://www.theworldin.com/article/10475.
Possible Answer | Correct? | Final Crowd Forecast |
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Yes | 75.00% | |
No | 25.00% |
Crowd Forecast Profile
Participation Level | |
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Number of Forecasters | 1130 |
Average for questions older than 6 months: 208 | |
Number of Forecasts | 3044 |
Average for questions older than 6 months: 589 |
Accuracy | |
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Participants in this question vs. all forecasters | average |