Will the Fed raise interest rates in the October-November 2023 meeting?
Will the Fed raise interest rates in the October-November 2023 meeting?
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850Ṁ79kresolved Nov 1
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The FOMC is scheduled to meet Oct 31st to Nov 1st. This market resolves YES if at this meeting the FOMC decides to increase the federal funds rate target range.
If the meeting is delayed, the market will resolve instead on any change to the target range announced in November, or NO if there is no such announcement by end of November.
In the unlikely case that the FOMC adjusts the upper and lower limits of the federal funds rate target range by different amounts, this market will resolve on whether the midpoint of the range moves upwards or not.
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What is this?
What is Manifold?
Manifold is the world's largest social prediction market.
Get accurate real-time odds on politics, tech, sports, and more.
Or create your own play-money betting market on any question you care about.
Are our predictions accurate?
Yes! Manifold is very well calibrated, with forecasts on average within 4 percentage points of the true probability. Our probabilities are created by users buying and selling shares of a market.
In the 2022 US midterm elections, we outperformed all other prediction market platforms and were in line with FiveThirtyEight’s performance. Many people who don't like betting still use Manifold to get reliable news.
Why use play money?
Mana (Ṁ) is the play-money currency used to bet on Manifold. It cannot be converted to cash. All users start with Ṁ1,000 for free.
Play money means it's much easier for anyone anywhere in the world to get started and try out forecasting without any risk. It also means there's more freedom to create and bet on any type of question.
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