Prediction record

Hiteconomy

The US federal funds rate will reach the 4–5% range by the end of 2022

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Hiteconomy

four to five percent is where the FED funds rate needs to be sometime by the end of this year

The US federal funds rate will reach the 4–5% range by the end of 2022

Made on
2022-12-03
Outcome
Hit
Importance
4 / 5
Contribution
+3.82

Criterion

Resolution status
resolved
Resolved on
2022-12-31

The upper-bound target federal funds rate is between 4.00% and 5.00% as of 2022-12-31.

Criterion asks for upper-bound target between 4.00% and 5.00% as of 2022-12-31; official value was 4.50%. Directly satisfied by the primary Fed source.

Sources

  • Jerome Powell's Speech: Effect on Risk Assets

    YouTube ·

    Source

Outcome evidence

  • On 2022-12-14 the FOMC raised the target range for the federal funds rate to 4.25%–4.50% (upper bound 4.50%), a 50bps increase from 3.75%–4.00%. No further FOMC meeting occurred before year-end, so the upper-bound target as of 2022-12-31 was 4.50%, inside the 4.00%–5.00% criterion range.

    Evidence

  • FRED series DFEDTARU (Federal Funds Target Range – Upper Limit) shows 4.50% held from 2022-12-15 through year-end 2022.

    Evidence

Corrections

  • certainty verbatim marker: Verbatim contains no 'likely'; committal marker is the normative 'needs to be' (framed 'my speculation'). Marker must quote language actually present.

Score contribution

+3.82
Confidence
85%
Outcome
Hit
Importance
4 / 5
Contribution
+3.82

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

The US federal funds rate will reach the 4–5% range by the…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2022-12-03

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Evidence firstMethodology