Will the Fed raise rates in September?
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Ṁ50resolved Sep 1
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The next FOMC meeting is September 19-20:
The Fed had previously signaled that it expected to raise rates two more times this year in its latest Summary of Economic Projections, and half of that promise was kept in July. Fed Chair Jerome Powell also said that future decisions would be made on a meeting-by-meeting basis, meaning that a rate hike is on the table but not a guarantee. The market currently assigns a 35% probability to a quarter-point hike before December, according to interest rate futures (as of July 26).
Resolves YES if they decide to raise rates compared to the July meeting.
Resolves NO if they keep the rates the same or lower them.
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