At close of business on 20 September 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 26 July 2023?

Started May 05, 2023 05:00PM UTC
Closed Sep 20, 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 September meeting is scheduled for 19-20 September 2023.

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The question closed "Same" with a closing date of 20 September 2023.

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Possible Answer Correct? Final Crowd Forecast
Lower 0%
Same 92%
Higher 8%

Crowd Forecast Profile

Participation Level
Number of Forecasters 57
Average for questions in their first 6 months: 191
Number of Forecasts 431
Average for questions in their first 6 months: 488
Participants in this question vs. all forecasters better than average

Most Accurate

Relative Brier Score


Recent Consensus, Probability Over Time

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