The Social Prediction Community
Tags: fed rate
Bookmark and Share
Suggested Predictions
Ziibos (12)
trmagee (*)
opal611 (7)
Takshaka (*)
stevekosmas (*)
vvgeani (60)
Tony (15)
eflux (*)
humme (18)
more...
▼ advertisement
Challenge Your Friends
What is ZiiTrend?
Verifiable Prediction
Will US Federal Reserve change its interest rate (of 4.25%) in Jan 29, 2008?
MasterMind ( Score Rank: #17 based on predictions in the last 30 days ) MasterMind  |  was scored on 06-Feb-2008 (214 days ago)
The US Fed has changed its target rate of from 4.50% to 4.25% in Dec 11. That definitely helped the market a bit. The next Fed meeting is Jan 29, 2008. Will US Federal Reserve continue to lower the interest rate this time? Here is the latest target rate for your reference:
http://www.bloomberg.com/...
Community Prediction in Chance
Community Accuracy:  68%
Top Predictor:   freeman (100% Accuracy)
ZiiValue
(chance)
Answer
Possible Outcomes
5%
This outcome did NOT happen.
29%
This outcome did NOT happen.
65%
This outcome happened!
Predictions
Hide ▲
  • Zoom:
  • Current
  • 7d
  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
News & Video
Add News / Video 1 - 4 of 28 news / videos
0 vote This is Good This is Bad
2008-02-05
 
Feb. 4 (Bloomberg) -- U.S. Treasuries fell on spec... (more)
0 vote This is Good This is Bad
2008-02-01
 
Feb. 1 (Bloomberg) -- Mark Carney, the former Gold... (more)
0 vote This is Good This is Bad
2008-01-31
 
The half-percent reduction in the Fed funds rate t... (more)
0 vote This is Good This is Bad
2008-01-30
 
Jan. 30 (Bloomberg) -- The Federal Reserve lowered... (more)
Comments (5)
Add Comment
  1. eflux eflux 215 days ago
    0 vote This is Good This is Bad
    answered: [ * ] Decreases below 4.25%
    (more)
    current rate 3.0
    [ reply ]
  2. goog goog 229 days ago
    0 vote This is Good This is Bad
    Wow, the Fed is getting desperate. It just lowered the target rate by 0.75% to 3.5%. Way ahead of the regular schedule meeting.
    http://www.nytimes.com/2008/01/22/bus...
    [ reply ]
  3. Takshaka Takshaka 237 days ago
    0 vote This is Good This is Bad
    Well, the idea behind lowering the interest rate is to increase the money supply. If the money supply increases then spending should increase. This is the reason why the interest rate set by the bank of Japan was all the way down to 0% for so many years.
    [ reply ]
  4. Tony Tony 240 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 78% ] Decreases below 4.25%
    (more)
    Do expect a rate cut if Bernanke says so:
    http://afp.google.com/article/ALeqM5g...
    [ reply ]
  5. humme humme 242 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 87% ] Remains at 4.25%
    (more)
    Lowering the interest rate won't help the economy anyways. It will just continue to jack up inflation and the oil price, and getting us deeper into recession.
    [ reply ]
Add a Comment
Join us to comment on this prediction.
OR
Sign in if you are already an existing member.
Copyright ©2008 ZiiTrend. All Rights Reserved. - User supplied content, unless specified, is licensed under Creative Commons Attribution 2.5.
ZiiTrend, Ziibo, ZiiValue, IPredict icon, ZiiTrend logos, graphics, designs, layout, buttons, icons, and scripts are the trademarks of ZiiTrend.
Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and may be delayed.
(Served in 0.414 seconds)