Full record
HiteconomyThe Federal Reserve will continue raising interest rates in 2023
A scored prediction by Benjamin Cowen, made on .
Scored prediction
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
- Effect on score
- +3.82
What counted as right
- Status
- resolved
- Settled 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 ·
Evidence of what happened
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.
Effect on the score
+3.82- How sure they sounded
- 85%
- Outcome
- Hit
- Importance
- 4 / 5
This page shows the scored prediction as published; the site doesn't recompute or adjust the score.
Where this came from
The Federal Reserve will continue raising interest rates in…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2022-12-14
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources