Prediction record

Hiteconomy

The Federal Reserve does not cut interest rates at its March 2024 FOMC meeting

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Hiteconomy

I don't think they're going to cut in March I think something pretty catastrophic would have to happen between now and March for them to want to cut and and I I think really the question becomes not whether they're going to cut in March but whether they're going to cut in May

The Federal Reserve does not cut interest rates at its March 2024 FOMC meeting

Made on
2024-02-02
Outcome
Hit
Importance
4 / 5
Contribution
+3.02

Criterion

Resolution status
resolved
Resolved on
2024-03-20

The FOMC does not lower the federal funds target range at its March 2024 (March 19-20) meeting.

Unambiguous, primary-sourced. The FOMC did not lower the federal funds target range at the March 2024 meeting, matching the written criterion. Outcome value (o) and scoring deferred to a later stage.

Sources

  • Jobs Report

    YouTube ·

    Source

Outcome evidence

  • Official FOMC minutes/statement for the March 19–20, 2024 meeting: 'The Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent.' No cut was made.

    Evidence

  • CNBC (Mar 20, 2024): Fed held its benchmark rate at 5.25%–5.50% (fifth consecutive hold), decision approved unanimously; officials still projected three 2024 cuts.

    Evidence

Corrections

No public corrections.

Score contribution

+3.02
Confidence
65%
Outcome
Hit
Importance
4 / 5
Contribution
+3.02

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

Provenance

The Federal Reserve does not cut interest rates at its Marc…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2024-02-02

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Evidence firstMethodology