Full record

Hiteconomy

The Federal Reserve raises the federal funds rate above 1% during 2022

A scored prediction by Tom Nash, made on .

VideoQuote from the original sourceeconomy

Scored prediction

Hiteconomy

they'll have to raise interest beyond one percent this year

The Federal Reserve raises the federal funds rate above 1% during 2022

Made on
2022-01-10
Outcome
Hit
Importance
4 / 5
Effect on score
+3.82

What counted as right

Status
resolved
Settled on
2022-06-15

The upper bound of the Fed's target policy rate exceeds 1.00% at any point during 2022.

Criterion ('upper bound exceeds 1.00% at any point during 2022') met on 2022-06-15/16 when the range moved to 1.50–1.75%. The May 2022 hike reached an upper bound of exactly 1.00%, which does not strictly 'exceed' 1.00%; the June hike is the first strict exceedance. Year-end upper bound was 4.50%.

Sources

  • The end of growth stocks?

    YouTube ·

    Source

Evidence of what happened

  • The FOMC raised the target range to 1.50–1.75% at its 2022-06-15 meeting (effective 2022-06-16), pushing the upper bound to 1.75% — the first time in 2022 the upper bound exceeded 1.00%. (The 2022-05-04 hike had brought the upper bound to exactly 1.00%, not above it.) The Fed continued hiking to a 4.25–4.50% range by 2022-12-15, so the upper bound remained well above 1.00% for the rest of the year.

    Evidence

Corrections

No public corrections.

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 raises the federal funds rate above 1%…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2022-01-10

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