Full record
HiteconomyThe Federal Reserve will cut interest rates in 2024
A scored prediction by Tom Nash, made on .
Scored prediction
Hiteconomy“there will be rate Cuts in 2024 based on what just happened and based on what Jerome pal said yesterday which is my next point”
The Federal Reserve will cut interest rates in 2024
- Made on
- 2024-07-11
- Outcome
- Hit
- Importance
- 4 / 5
- Effect on score
- +3.82
What counted as right
- Status
- resolved
- Settled on
- 2024-09-18
The FOMC announces at least one reduction to the federal funds target rate on or before 2024-12-31
Unambiguously met — the FOMC cut three times in 2024 (Sep, Nov, Dec). First qualifying event was the 2024-09-18 50 bps cut. For final publication, prefer the primary FOMC statement/H.15 release from federalreserve.gov over secondary press coverage.
Sources
URGENT: Market Plummets, Major Changes Ahead
YouTube ·
Evidence of what happened
FOMC cut the federal funds target range by 50 bps to 4.75%–5.00% on 2024-09-18, the first cut since the pandemic — satisfying 'at least one reduction on or before 2024-12-31' on this date.
Second cut: FOMC lowered the range by 25 bps to 4.50%–4.75% on 2024-11-07.
Third cut: FOMC lowered the range by 25 bps to 4.25%–4.50% on 2024-12-18, for three cuts (100 bps total) in 2024.
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 will cut interest rates in 2024- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2024-07-11
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources