Odds At 80% (Likely) The United States Prime Rate Will Be Cut To 5.00% After The September 18, 2019 FOMC Monetary Policy Meeting
 |
| 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 2.00% - 2.25% to 1.75% - 2.00% at the September 18TH, 2019 monetary policy meeting (likely.)
=======
The current U.S. Prime Rate, which went into effect on July 31ST, 2019, is 5.25%.
=======
NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)
=======
=======
Stay tuned for the latest odds, and for current U.S. economic data (inflation, jobs, economic growth, wages, etc.)
=======
Current Odds
- Current odds the United States Prime Rate will be cut to 5.00% after the September 18TH, 2019 FOMC monetary policy meeting: 80% (likely.)
==========
- NB: United States Prime Rate = (The Fed Funds Target Rate + 3)
=========
Labels: banking, banks, fed_funds_target_rate, fomc, money, odds, prime_rate, prime_rate_forecast, prime_rate_prediction, The_Fed
|
--> www.FedPrimeRate.com Privacy Policy <--
> SITEMAP < |
posted by Steve Brown | 8/07/2019 07:03:00 PM
0 Comments:
Post a Comment
<< Home