Odds Now At 100% (Certain) The U.S. Prime Rate Will Rise To At Least 7.50% After The December 14, 2022 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 raise the target range for the benchmark fed funds rate, from the current 3.75% - 4.00%, to at least  4.25% - 4.50%, at the December 14^TH, 2022 monetary policy meeting, with the United States Prime Rate (a.k.a Fed Prime Rate) rising to at least 7.50%.

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The United States Prime Rate was raised to the current 7.00% on November 2^ND, 2022.

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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 rise to at least 7.50% after the December 14^TH, 2022 FOMC monetary policy meeting: 100% (certain.)
  

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