Odds At 100% (Certain) The U.S. Prime Rate Will Continue At The Current 3.25% After The January 26, 2022 FOMC Monetary Policy Meeting
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| 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 January 26TH, 2022 monetary policy meeting, and keep the United States Prime Rate (a.k.a Fed Prime Rate) at 3.25%.
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Housing
According to government data, both the median and average price on a newly built home in the USA hit record highs during October 2021. The median was $407,700, while the average was $477,800.
As for preowned homes, prices have been waning since June of this year. The record highs for used homes remain at $362,800 (median) and $381,200 (average.)
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Coronavirus Pandemic: Please Keep Your Distance! |
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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 January 26TH, 2022 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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posted by Steve Brown | 12/16/2021 02:39:00 PM
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