Before 13 June 2024, will the Federal Reserve announce a cut in the US federal funds rate?

Started Oct 11, 2023 09:00AM UTC
Closing Jun 13, 2024 07:01AM UTC

As the Federal Reserve has increased interest rates to combat inflation, there are concerns whether the US will be pushed into recession (Yahoo Finance, CNBC). Conditional announcements (e.g., if the labor market deteriorates, if inflation falls) would not count, and the date a cut would take effect is immaterial. The last time the Federal Reserve announced a cut to the US federal funds rate was 15 March 2020 (Federal Reserve).

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Possible Answer Crowd Forecast Change in last 24 hours Change in last week Change in last month
Yes 57.92% +0.10% -1.99% -9.32%
No 42.08% -0.10% +1.99% +9.32%

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