Will the FED drop interest rates at least once before the end of 2024? | Manifold

Will the FED drop interest rates at least once before the end of 2024?

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resolved Sep 19

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The FOMC meets eight times a year to adjust the federal funds rate. The last 2024 decision date is scheduled for December 18, 2024.

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#Interest Rates

#Federal reserve

#Monetary Policy

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Resolves YES @1893

Fed's current rate is below NGDP it is accomodative they won't cut from accomodative policy. The consensus is stuck in the old rates regime

This is at 90% on Kalshi right now

https://kalshi.com/markets/ratecut/fed-rate-cut#ratecut-24dec31

bought Ṁ500 YES

@ahalekelly it is now at 99c. what's going on with this market? 😅

@Bayesian ig it is one person.. no offense to the person

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