At close of business on 19 March 2025, 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 29 January 2025?
Closed Mar 19, 2025 07:01AM (17 days ago)
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 March meeting is scheduled for 18-19 March 2025.
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The question closed "Same" with a closing date of 19 March 2025.
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Possible Answer | Correct? | Final Crowd Forecast |
---|---|---|
Lower | 2% | |
Same | 98% | |
Higher | 0% |
Crowd Forecast Profile
Participation Level | |
---|---|
Number of Forecasters | 57 |
Average for questions in their first 6 months: 154 | |
Number of Forecasts | 236 |
Average for questions in their first 6 months: 409 |
Accuracy | |
---|---|
Participants in this question vs. all forecasters | average |