Odds At 100% (Certain) The U.S. Prime Rate Will Remain At The Current 3.25% After The September 22, 2021 FOMC Monetary Policy Meeting
Prime Rate Prediction |
Prime Rate Forecast
As of right now, our odds are at 100% (certain) the Federal Open Market Committee (FOMC) will vote to leave the target range for the benchmark fed funds rate at the current 0.00% - 0.25% at the September 22ND, 2021 monetary policy meeting, and keep the United States Prime Rate (a.k.a Fed Prime Rate) at 3.25%.
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COVID-19 Update
As of right now, there are 35,788,374 confirmed COVID-19 cases in the United States, with 629,430 total deaths. 29,679,695 have recovered.
But the ongoing pandemic, exacerbated by an aggressive new variant, hasn't dampened the spirit of the American consumer. The latest Consumer Confidence reading from The Conference Board® was 129.1 for this month (July, 2021), the highest it's been since February of last year.
So keep masking America, and distancing, and washing your hands, often. This pandemic would have been over by now, IMHO, if everyone would have just done the right thing from the beginning, and followed expert advice.
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Coronavirus COVID-19 Reminder:
Symptoms of COVID-19, which may appear 2-14 days after exposure, include:
- Fever
- Cough
- Shortness of breath
- Difficulty breathing or shortness of breath
- Persistent pain or pressure in the chest
- New confusion or inability to arouse
- Bluish lips or face
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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 continue at the current 3.25% after the September 22ND, 2021 FOMC monetary policy meeting: 100% (certain.)
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- NB: United States Prime Rate = (The Fed Funds Target Rate + 3)
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Labels: banking, banks, Coronavirus, COVID-19, COVID19, fed_funds_target_rate, fomc, inflation, money, odds, Pandemic, prime_rate, prime_rate_forecast, prime_rate_prediction, Social_Distancing, The_Fed
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