The Federal Reserve cuts interest rates by its September 2024 meeting

A scored record for Benjamin Cowen, made on 2024-08-03.

VideoPrimary sourceeconomy

Scored record

Hiteconomy

“the FED is going to come in with some rate Cuts pretty soon you know probably in September”

The Federal Reserve cuts interest rates by its September 2024 meeting

Made on: 2024-08-03
Outcome: Hit
Importance: 4 / 5
Contribution: +3.68

Criterion

Resolution status: resolved
Resolved on: 2024-09-18

The Fed announces a policy interest-rate cut at or before its September 2024 FOMC meeting

Criterion: Fed announces a policy-rate cut at or before its September 2024 FOMC meeting. The Fed cut 50 bps on 2024-09-18, within the deadline (2024-09-30). Cleanly resolved, official Fed action. (No outcome value assigned.)

Sources

The Sahm Rule Recession Indicator has Signaled
YouTube · 2024-08-03
Source

Outcome evidence

At its Sept 17-18, 2024 meeting the FOMC cut the federal funds target range by 50 bps to 4.75%-5.00% — its first rate cut since the early-COVID period (vote 11-1, Gov. Bowman dissenting for 25 bps).
Evidence
J.P. Morgan and ABA confirm the September 2024 FOMC cut of 50 basis points.
Evidence

Corrections

No public corrections.

Score contribution

+3.68

Confidence: 80%
Outcome: Hit
Importance: 4 / 5
Contribution: +3.68

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

Provenance

The Federal Reserve cuts interest rates by its September 20…

Methodology version: v1.0.0
Last computed: July 18, 2026
Made on: 2024-08-03

How this profile was built

Scored by independent judges 2026-07-18
Predictions gathered and sourced 2026-07-07
Independently verified against sources 2026-07-18

Back to profile