Will the U.S. Federal Reserve increase interest rates by more than 1% by the end of 2023?
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Ṁ350Ṁ33kresolved Jan 10
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Resolution Criteria: The market resolves to YES if the U.S. Federal Reserve increases the federal funds rate by more than 1% by the end of 2023, as confirmed by the Federal Reserve's official Open Market Operations page. The increase will be calculated by comparing the federal funds rate at the end of 2023 to the rate at the start of the year. Otherwise, the market resolves to NO.
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Looks like the current projection is for 1% raise by year end: https://www.nytimes.com/2023/06/14/business/what-to-know-about-the-feds-meeting-today.html
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