At close of business on 1 November 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 20 September 2023?

Started Jun 16, 2023 05:00PM UTC
Closed Nov 01, 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 October/November meeting is scheduled for 31 October - 1 November 2023.

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The question closed "Same" with a closing date of 1 November 2023.

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Possible Answer Correct? Final Crowd Forecast
Lower 2%
Same 94%
Higher 3%

Crowd Forecast Profile

Participation Level
Number of Forecasters 49
Average for questions older than 6 months: 201
Number of Forecasts 272
Average for questions older than 6 months: 573
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.148415
2.
-0.141893
3.
-0.126988
4.
-0.115154
5.
-0.107224

Recent Consensus, Probability Over Time

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