Odds At 80% (Likely) The United States Prime Rate Will Be Cut To 5.25% After The July 31, 2019 FOMC Monetary Policy Meeting

Prime Rate Forecast

Prime Rate Forecast

As of right now, our odds are at 80% the Federal Open Market Committee (FOMC) will vote to lower the target range for the benchmark fed funds rate from 2.25% - 2.50% to 2.00% - 2.25% at the  July 31^ST, 2019 monetary policy meeting (likely.)

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The current U.S. Prime Rate, which went into effect on December 20^TH, 2018, is 5.50%.

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NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

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Stay tuned for the latest odds, and for current U.S. economic data (inflation, jobs, economic growth, wages, etc.) 

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Current Odds

• Current odds the United States Prime Rate will be cut to 5.25% after the July 31^ST, 2019 FOMC monetary policy meeting: 80% (likely.)
  
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• NB: United States Prime Rate = (The Fed Funds Target Rate + 3)

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