At close of business on 31 January 2024, 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 13 December 2023?

Started Sep 22, 2023 05:00PM UTC
Closed Jan 31, 2024 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 January meeting is scheduled for 30-31 January 2024.

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The question closed "Same" with a closing date of 31 January 2024.

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Possible Answer Correct? Final Crowd Forecast
Lower 3%
Same 92%
Higher 5%

Crowd Forecast Profile

Participation Level
Number of Forecasters 69
Average for questions in their first 6 months: 182
Number of Forecasts 228
Average for questions in their first 6 months: 470
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.037
2.
-0.037
3.
-0.037
4.
-0.037
5.
-0.036

Recent Consensus, Probability Over Time

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