Prediction record

Hiteconomy

The Federal Reserve leaves interest rates unchanged at its March 2024 FOMC meeting

A scored record for Benjamin Cowen, made on .

VideoPrimary sourceeconomy

Scored record

Hiteconomy

the FED is likely not going to Pivot in March only a 1% chance of a rate cut even in May they're saying only about an 8.9% chance of a rate cut

The Federal Reserve leaves interest rates unchanged at its March 2024 FOMC meeting

Made on
2024-03-15
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

Criterion

Resolution status
resolved
Resolved on
2024-03-20

The FOMC leaves the federal funds target range unchanged (no cut) at its March 2024 meeting.

Official primary source (Federal Reserve). No ambiguity: the FOMC left the target range unchanged at 5.25%-5.50% on 2024-03-20, matching the criterion. Deadline 2024-03-20.

Sources

  • Inflation Report

    YouTube ·

    Source

Outcome evidence

  • FOMC statement of March 20, 2024: the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent (no cut). Decision was unanimous. This directly satisfies the written criterion (range left unchanged at the March 2024 meeting).

    Evidence

  • Contemporaneous reporting (CNBC) confirms the Fed held rates steady at the March 2024 meeting and maintained its projection of three 2024 cuts; it was the fifth consecutive hold.

    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 Federal Reserve leaves interest rates unchanged at its…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2024-03-15

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Evidence firstMethodology