Full record

Misseconomy

The Federal Reserve funds rate will be in the 4.75–5% range by the end of 2024

A scored prediction by Tom Nash, made on .

VideoQuote from the original sourceeconomymarkets

Scored prediction

Misseconomy

I think that we're still on the pathway for 4.75 to 5% for the end of this year that still seems to be the case I think that will keep the market going on the same path

The Federal Reserve funds rate will be in the 4.75–5% range by the end of 2024

Made on
2024-04-10
Outcome
Miss
Importance
4 / 5
Effect on score
+0.62

What counted as right

Status
resolved
Settled on
2024-12-18

US federal funds target rate is within 4.75%–5.00% as of 2024-12-31

Criterion: target range within 4.75%-5.00% as of 2024-12-31. Actual year-end range was 4.25%-4.50% after cuts in Sep (to 4.75-5.00%), Nov (to 4.50-4.75%), and Dec (to 4.25-4.50%). The rate was in 4.75-5.00% only briefly (Sep-Nov 2024), not at year-end. Clear miss on the written criterion (resolved_on set to the FOMC decision that fixed the year-end level; the as-of date is 2024-12-31).

Sources

  • MIND-BLOWING News Just Hit The Stock Market!

    YouTube ·

    Source

Evidence of what happened

  • At the December 17-18, 2024 FOMC meeting the Federal Reserve lowered the target range for the federal funds rate to 4.25%-4.50% (4-1/4 to 4-1/2 percent), effective Dec 19, 2024 and remaining in effect through Dec 31, 2024. This was the level as of year-end 2024, below the claimed 4.75%-5.00% range.

    Evidence

  • FRED series for the federal funds target range upper limit (DFEDTARU) confirms the upper limit was 4.50% at end-2024 (target range 4.25%-4.50%).

    Evidence

Corrections

No public corrections.

Effect on the score

+0.62
How sure they sounded
65%
Outcome
Miss
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 funds rate will be in the 4.75–5% range…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2024-04-10

How this profile was built

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