Prediction record
HiteconomyThe Federal Reserve will continue raising interest rates in 2023
A scored record for Benjamin Cowen, made on .
Scored record
Hiteconomy“they will keep raising in 2023”
The Federal Reserve will continue raising interest rates in 2023
- Made on
- 2022-12-14
- Outcome
- Hit
- Importance
- 4 / 5
- Contribution
- +3.82
Criterion
- Resolution status
- resolved
- Resolved on
- 2023-02-01
The Fed raises the federal funds rate at least once during calendar 2023.
Criterion clearly met — the Fed hiked at least four times in 2023. resolved_on set to 2023-02-01, the date the criterion first became satisfied. No conflicting evidence.
Sources
FOMC: Policy and Aftermath
YouTube ·
Outcome evidence
The Fed raised the federal funds rate multiple times in calendar 2023: +25bp on Feb 1 (to 4.50%–4.75%), +25bp Mar 22, +25bp May 3, and a final +25bp on July 26, 2023 (effective July 27) bringing the target range to 5.25%–5.50%, a 22-year high. The criterion (at least one hike during 2023) was satisfied at the first 2023 hike.
Federal Reserve implementation note (July 26, 2023) documents the final hike of the cycle to the 5.25%–5.50% range, confirming continued tightening through 2023.
Corrections
- Quote wording: Transcript says 'they will keep raising in 2023' (matching verbatim_marker 'will'); stored verbatim reworded it. Align verbatim to the pundit's actual words.
Score contribution
+3.82- Confidence
- 85%
- Outcome
- Hit
- Importance
- 4 / 5
- Contribution
- +3.82
This page displays the scored record as published; the website doesn't recompute or adjust the score.
Provenance
The Federal Reserve will continue raising interest rates in…- Methodology version
- v1.0.0
- Last computed
- July 18, 2026
- Made on
- 2022-12-14
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources