Prediction record

Hiteconomy

The Fed does not signal it is finished hiking at the September 2023 FOMC, leaving the door open for a November 2023 hike

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Hiteconomy

I would not expect them to close the door on another rate hike just yet

The Fed does not signal it is finished hiking at the September 2023 FOMC, leaving the door open for a November 2023 hike

Made on
2023-09-18
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

Criterion

Resolution status
resolved
Resolved on
2023-09-20

At the September 2023 FOMC the Fed does not close the door on another rate hike (leaves a November hike possible)

Criterion (Fed does not close the door on another hike at the Sept 2023 FOMC) is directly satisfied by the SEP/dot-plot and Powell's hawkish presser. Note: one WebSearch summary misstated the target range as 3.5-3.75%; the correct Sept 2023 range was 5.25%-5.50% per the CNBC/primary source. Outcome value not assigned per instructions.

Sources

  • Bitcoin: Bull Market Support Band

    YouTube ·

    Source

Outcome evidence

  • At the Sept 19-20, 2023 FOMC the Fed held the target range at 5.25%-5.50% but did NOT close the door on more hikes: the updated dot plot showed 12 of 19 officials projecting one additional hike in 2023, and Powell delivered a hawkish 'higher-for-longer' message keeping a November hike possible.

    Evidence

  • Coverage of the Sept 2023 dot plot confirming a majority of participants penciled in one more rate increase before year-end, i.e. the door to a November hike was left open.

    Evidence

Corrections

No public corrections.

Score contribution

+2.76
Confidence
80%
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

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

Provenance

The Fed does not signal it is finished hiking at the Septem…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2023-09-18

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Evidence firstMethodology