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

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

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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The question closed "No" with a closing date of 1 July 2023.

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Possible Answer Correct? Final Crowd Forecast
Yes 5.96%
No 94.04%

Crowd Forecast Profile

Participation Level
Number of Forecasters 286
Average for questions older than 6 months: 202
Number of Forecasts 1282
Average for questions older than 6 months: 574
Participants in this question vs. all forecasters average

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Recent Consensus, Probability Over Time

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