Full record
HiteconomyThe Federal Reserve will cut its policy rate at the September 2024 FOMC meeting
A scored prediction by Tom Nash, made on .
Scored prediction
Hiteconomy“the Fed rate cut is guaranteed in September 100%”
The Federal Reserve will cut its policy rate at the September 2024 FOMC meeting
- Made on
- 2024-08-01
- Outcome
- Hit
- Importance
- 4 / 5
- Effect on score
- +3.99
What counted as right
- Status
- resolved
- Settled on
- 2024-09-18
Fed lowers the federal funds target range at the September 17-18, 2024 FOMC meeting.
Criterion (target range lowered at the Sep 17-18, 2024 meeting) is directly and unambiguously satisfied.
Sources
This changes EVERYTHING for the stock market
YouTube ·
Evidence of what happened
At the September 17-18, 2024 FOMC meeting the Fed lowered the federal funds target range by 50 bps to 4.75%-5.00% (from 5.25%-5.50%), its first cut of the cycle. Vote 11-1; Gov. Bowman dissented preferring 25 bps.
Contemporaneous reporting confirms the Fed cut by a half point at the September 2024 meeting to a 4.75%-5% range.
Corrections
No public corrections.
Effect on the score
+3.99- How sure they sounded
- 97%
- 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 its policy rate at the Septemb…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2024-08-01
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources