Full record

Hiteconomy

The Federal Reserve leaves interest rates unchanged at its March 2024 FOMC meeting

A scored prediction by Benjamin Cowen, made on .

VideoQuote from the original sourceeconomy

Scored prediction

Hiteconomy

the FED is likely not going to Pivot in March only a 1% chance of a rate cut even in May they're saying only about an 8.9% chance of a rate cut

The Federal Reserve leaves interest rates unchanged at its March 2024 FOMC meeting

Made on
2024-03-15
Outcome
Hit
Importance
3 / 5
Effect on score
+2.76

What counted as right

Status
resolved
Settled on
2024-03-20

The FOMC leaves the federal funds target range unchanged (no cut) at its March 2024 meeting.

Official primary source (Federal Reserve). No ambiguity: the FOMC left the target range unchanged at 5.25%-5.50% on 2024-03-20, matching the criterion. Deadline 2024-03-20.

Sources

  • Inflation Report

    YouTube ·

    Source

Evidence of what happened

  • FOMC statement of March 20, 2024: the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent (no cut). Decision was unanimous. This directly satisfies the written criterion (range left unchanged at the March 2024 meeting).

    Evidence

  • Contemporaneous reporting (CNBC) confirms the Fed held rates steady at the March 2024 meeting and maintained its projection of three 2024 cuts; it was the fifth consecutive hold.

    Evidence

Corrections

No public corrections.

Effect on the score

+2.76
How sure they sounded
80%
Outcome
Hit
Importance
3 / 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 leaves interest rates unchanged at its…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2024-03-15

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