The FOMC will deliver a 50 basis-point rate hike at its December 2022 meeting, bringing the federal funds rate to 4.5%

A scored prediction by Benjamin Cowen, made on 2022-12-13.

VideoQuote from the original sourceeconomy

Scored prediction

Hiteconomy

“I think tomorrow we'll see a 50 basis point rate hike”

The FOMC will deliver a 50 basis-point rate hike at its December 2022 meeting, bringing the federal funds rate to 4.5%

The FOMC's 2022-12-14 decision is a 50bps hike raising the upper-bound rate to 4.50%.

Matches the criterion exactly: 2022-12-14 decision, 50bps hike, upper bound raised to 4.50%. Primary Fed press release.

FOMC statement dated 2022-12-14 states the Committee decided to raise the target range for the federal funds rate to 4-1/4 to 4-1/2 percent — a 50bps hike lifting the upper bound to exactly 4.50%.
Evidence

No public corrections.

+2.27

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

The FOMC will deliver a 50 basis-point rate hike at its Dec…