At close of business on 13 December 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 1 November 2023?

Started Jul 28, 2023 05:00PM UTC
Closed Dec 13, 2023 08:01AM 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 December meeting is scheduled for 12-13 December 2023.

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The question closed "Same" with a closing date of 13 December 2023.

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Possible Answer Correct? Final Crowd Forecast
Lower 10%
Same 79%
Higher 11%

Crowd Forecast Profile

Participation Level
Number of Forecasters 56
Average for questions older than 6 months: 210
Number of Forecasts 243
Average for questions older than 6 months: 595
Accuracy
Participants in this question vs. all forecasters better than average

Most Accurate

Relative Brier Score

1.
-0.037
2.
-0.037
3.
-0.035
4.
-0.033
5.
-0.023

Recent Consensus, Probability Over Time

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