The federal funds rate will reach the 4–5% range by the end of 2022.

A scored record for Benjamin Cowen, made on 2022-10-07.

VideoPrimary sourceeconomy

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Hiteconomy

“I do think they will be making it up to the four to five percent range before the end of this year”

The federal funds rate will reach the 4–5% range by the end of 2022.

The upper-bound federal funds rate is within the 4.00%–5.00% range as of 2022-12-31.

Criterion (upper bound within 4.00%–5.00% as of 2022-12-31) is met: actual 4.50%. No outcome value assigned.

Unemployment Falls to 3.5% | Likely Response by the Federal Reserve
YouTube · 2022-10-07
Source

On Dec 14, 2022 the FOMC set the target range at 4.25%–4.50%; the upper bound of 4.50% held through year-end. As of 2022-12-31 the upper-bound federal funds rate was 4.50%, which is within the 4.00%–5.00% range.
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The federal funds rate will reach the 4–5% range by the end…