At close of business on 14 June 2023, 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 3 May 2023?

Started Feb 03, 2023 06:00PM UTC
Closed Jun 14, 2023 07:01AM UTC

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 June meeting is scheduled for 13-14 June 2023.

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The question closed "Same" with a closing date of 14 June 2023.

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Possible Answer Correct? Final Crowd Forecast
Lower 0%
Same 79%
Higher 21%

Crowd Forecast Profile

Participation Level
Number of Forecasters 32
Average for questions older than 6 months: 203
Number of Forecasts 221
Average for questions older than 6 months: 579
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.262207
2.
-0.185921
3.
-0.153306
4.
-0.12297
5.
-0.08774

Recent Consensus, Probability Over Time

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