Full record
HiteconomyThe Federal Reserve cuts interest rates at least once during calendar year 2024.
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hiteconomy“I think there's a good chance that the FED will cut at some point this year now I don't know when it's going to be um obviously the next meeting is in June”
The Federal Reserve cuts interest rates at least once during calendar year 2024.
- Made on
- 2024-05-11
- Outcome
- Hit
- Importance
- 4 / 5
- Effect on score
- +3.02
What counted as right
- Status
- resolved
- Settled on
- 2024-09-18
The FOMC lowers its target federal funds rate at least once between the utterance date and 2024-12-31.
Primary source: FOMC official statement/implementation note. Criterion (at least one cut between utterance date and 2024-12-31) clearly satisfied. No outcome value assigned.
Sources
Bitcoin: Dubious Speculation
YouTube ·
Evidence of what happened
On 2024-09-18 the FOMC lowered the target federal funds rate by 50 bps to 4.75%-5.00% (first cut in over four years). Two further 25 bps cuts followed on 2024-11-07 and 2024-12-18 — the Fed cut at least once in calendar year 2024.
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 cuts interest rates at least once durin…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2024-05-11
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources