Odds Now At 100% (Certain) The U.S. Prime Rate Will Continue At 8.00% After The May 3, 2023 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 keep the benchmark target range for the fed funds rate at 4.75% - 5.00% at the May 3, 2023 monetary policy meeting, with the United States Prime Rate (a.k.a Fed Prime Rate) holding at 8.00%.
NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)
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Current Odds
- Current odds the U.S. Prime Rate will continue at 8.00% after the May 3, 2023 FOMC monetary policy meeting: 100% (certain.)
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Labels: banking, banks, fed_funds_target_rate, Fed_Prime_Rate, housing, Housing_Inflation, inflation, LIBOR, LIBOR_Transition, money, odds, Pandemic, prime_rate, prime_rate_forecast, prime_rate_prediction
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posted by Steve Brown | 3/24/2023 02:54:00 PM
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