Will FED pivot by Q1 2023?
resolved Apr 1
Resolved
NO

FED pivot is defined as the change in the approach of defining the upper bound of the target federal funds range, so-called 'interest rates'. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.

This market will resolve to "YES" if by March 31, 2023, the Federal Open Market Committee decides to decrease interest rates (over the level it was prior to the meeting), on any of its meeting.

The level and change of the target federal funds rate is published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

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JimAusman avatar
Jim Ausmanbought Ṁ10 of NO

This seems like free mana at 4% (in Teo weeks no less). Am I missing something?

MP avatar
MPsold Ṁ283 of NO

@JimAusman Nomura has a rate cut call currently, while we're going through a banking crisis.

jack avatar
Jack

There's one more meeting, and there's speculation of a rate cut in that meeting, although the markets predict it is unlikely:

MarkIngraham avatar
Mark Ingraham

No, rates will be 15% in 2026 and then the system will collapse.

itsTomekK avatar
Tomek K 🟡predicted NO at 4%
MP avatar
MPpredicted NO at 4%

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Manifold in the WildBot

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