Full record
HiteconomyThe Federal Reserve does not cut interest rates at its March 2024 FOMC meeting
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hiteconomy“I don't think they're going to cut in March I think something pretty catastrophic would have to happen between now and March for them to want to cut and and I I think really the question becomes not whether they're going to cut in March but whether they're going to cut in May”
The Federal Reserve does not cut interest rates at its March 2024 FOMC meeting
- Made on
- 2024-02-02
- Outcome
- Hit
- Importance
- 4 / 5
- Effect on score
- +3.02
What counted as right
- Status
- resolved
- Settled on
- 2024-03-20
The FOMC does not lower the federal funds target range at its March 2024 (March 19-20) meeting.
Unambiguous, primary-sourced. The FOMC did not lower the federal funds target range at the March 2024 meeting, matching the written criterion. Outcome value (o) and scoring deferred to a later stage.
Sources
Jobs Report
YouTube ·
Evidence of what happened
Official FOMC minutes/statement for the March 19–20, 2024 meeting: 'The Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.' No cut was made.
CNBC (Mar 20, 2024): Fed held its benchmark rate at 5.25%–5.50% (fifth consecutive hold), decision approved unanimously; officials still projected three 2024 cuts.
Corrections
No public corrections.
Effect on the score
+3.02- How sure they sounded
- 65%
- 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 does not cut interest rates at its Marc…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2024-02-02
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources