Odds Now At 100% (Certain) The U.S. Prime Rate Will Rise To At Least 8.00% After The March 22, 2023 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 to at least  4.75% - 5.00%, at the March 22, 2023 monetary policy meeting, with the United States Prime Rate (a.k.a Fed Prime Rate) rising to at least 8.00%.

=======

The United States Prime Rate was raised to the current 7.75% on February 1, 2023.

=======

NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)

======= 

Current Odds

• Current odds the U.S. Prime Rate will rise to at least 8.00% after the March 22, 2023 FOMC monetary policy meeting: 100% (certain.)
  

=========