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MANIFOLD
How much will the Fed change interest rates in the September meeting?
35
Ṁ1.1kṀ16k
resolved Sep 20
100%99.5%
No change
0.0%
Lower 0.50 or more
0.0%
Lower 0.25
0.5%
Raise 0.25
0.0%
Raise 0.50 or more

Resolves to the number of points the Fed changes the fed funds rate at the September 19-20 meeting

(This is the next meeting scheduled after the July meeting: /jack/how-much-will-the-fed-change-intere-cb68c50305a8 )

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Fed held the rate unchanged: https://www.cnbc.com/2023/09/20/live-updates-fed-decision-september-2023.html

Next market:

August inflation came in slightly hot, 3.7% compared to 3.6% expected, and up from 3.2% in July.

@chrisjbillington Do you think this will help my bets against the ARM valuation > 60bn ? 😂

@parhizj I have no idea!

https://www.cnbc.com/2023/08/25/fed-chair-powell-calls-inflation-too-high-and-warns-that-we-are-prepared-to-raise-rates-further.html

Fed Chair Powell calls inflation 'too high' and warns that 'we are prepared to raise rates further'
Federal Chair Jerome Powell called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.

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