At close of business on 1 May 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 20 March 2024?

Started Dec 15, 2023 06:00PM UTC
Closed May 01, 2024 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 April/May meeting is scheduled for 30 April - 1 May 2024.

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The question closed "Same" with a closing date of 1 May 2024.

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Possible Answer Correct? Final Crowd Forecast
Lower 0%
Same 99%
Higher 1%

Crowd Forecast Profile

Participation Level
Number of Forecasters 67
Average for questions in their first 6 months: 178
Number of Forecasts 258
Average for questions in their first 6 months: 461
Accuracy
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score

1.
-0.264098
2.
-0.247933
3.
-0.214071
4.
-0.196326
5.
-0.178065

Recent Consensus, Probability Over Time

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