Started Jul 01, 2022 05:00PM UTC   •   Closing Jul 01, 2023 07:01AM UTC

Before 1 July 2023, will the Federal Reserve announce a cut in the US federal funds rate?

As the Federal Reserve increases interest rates to combat inflation, there are concerns whether the US will be pushed into recession (JP Morgan, The Hill, US News & World Report). Conditional announcements (e.g., if the labor market deteriorates, if inflation falls) would not count. The last time the Federal Reserve announced a cut to the US federal funds rate was 15 March 2020 (Federal Reserve).

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Possible Answer Crowd Forecast Change in last 24 hours Change in last week Change in last month
Yes 34.00% +0.00% -1.00% -17.50%
No 66.00% -0.00% +1.00% +17.50%

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