Odds At 100% (Certain) The U.S. Prime Rate Will Remain At The Current 3.25% After The December 15, 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 December 15^TH, 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

The latest jobs numbers look very promising.

But this COVID thing is not over yet.

As of right now (November 8, 2021), there are 47,336,577 confirmed COVID-19 cases in the United States, with 775,218 total deaths. 37,332,949 have recovered.

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Compared to the numbers we posted in this blog on September 27,2021:

Confirmed COVID-19 cases have increased by 3,579,851 (8.18%.)

Total deaths have increased by 68,825 (9.74%.)

Total recovered has increased by 4,146,680 (12.5%.)

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And cases are spiking and setting new records in many other industrialized nations to boot.

Bottom line: Even with readings on inflation causing many to do a double take, the coronavirus pandemic continues to rage, so the Fed is extremely likely to keep short-term rates at rock bottom well into 2022.

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Coronavirus Pandemic: Please Keep Your Distance!

 

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>> http://bit.ly/COVID-Pandemic <<

 

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The current U.S. Prime Rate was lowered from 4.25% to the current 3.25% on March 15^TH, 2020.

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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

Emergency warning signs for COVID-19 include:

• 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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--  Stop The Spread of Germs (PDF) --

-- What To Do If You Are Sick (PDF) --

-- Novel COVID-19 Coronavirus UPDATES --

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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 December 15^TH, 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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