Created Mon 5th May 11:39am PDT by 
punditwatch![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
All questions » Business » Economics » punditwatch 
Will the Federal Reserve cut the target interest rate at their meeting June 24th/25th?
Settled as No
No change - http://apnews.excite.com/article/20080625/D91H9ESG9.html
Background:
At their last meeting the Federal Reserve cut rates to 2%. Many sources are saying they are going to take a break from interest rate cuts, will they?
The economy is still not great, although GDP growth for the first quarter 2008 was still +0.6%, on a par with the last quarter of 2007. Official recession is now less of a certainty so do we need another cut?
The economy is still not great, although GDP growth for the first quarter 2008 was still +0.6%, on a par with the last quarter of 2007. Official recession is now less of a certainty so do we need another cut?
Settled
|
|
Yes |
|
||
|
|
No |
|
Activity: H$60,410
Settled as No on Wed 25th Jun 1:43pm PDT
All questions are settled by Hubdub according to settlement info provided by the question creator.
Settlement details:
As reported by a major mainstream news source.
Suspend date: Sun 29th Jun 12:59am PDT
Settlement date: Wed 25th Jun 1:43pm PDT
Initial likelihoods:
Yes: 35%
Action history:
Created Mon 5th May 11:39am PDT by 
toddbenjamin_pw
toddbenjamin_pw
Suspended Wed 25th Jun 1:22pm PDT by 
destry: Suspended pending settlement
destry: Suspended pending settlement 
robuk
All questions are settled by Hubdub according to settlement info provided by the question creator.
Settlement details: As reported by a major mainstream news source.... read all
Predictions (84)
84 predictions
kiwifire
ash427
keyeshoveden
curios
questmaster
coolkraft
swilson![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted Yes (H$20 at 16%)Comments (3)
New to Hubdub?
Hubdub lets you play at predicting the outcomes of real running news questions
Related News
This news is selected automatically based on the question, its background, options and tags
This news is selected automatically based on the question, its background, options and tags
score: 10
CBS 10 Tampa Bay (WTSP) 15 weeks ago
The Federal Reserve is expected to leave interest rates right where they are when it announces its decision this afternoon.. . Analysts say the Fed...
score: 10
East Valley Tribune 15 weeks ago
Straddling risky economic crosscurrents, the Federal Reserve is expected to stand still this week on interest rates.. . Fed Chairman Ben Bernanke...
score: 10
Daily FX 15 weeks ago
- The Euro at the End of the Tunnel Jun 09 - US Dollar to Recover on Fed Interest Rate Expectations and Inflation Outlook? Jun 02 - Japanese Yen Could Not Strengthen Beyond 100 For Long May 27 - Federal Reserve: Will Pause But For How Long? May 19
score: 10
The Market Oracle 15 weeks ago
are deprived of the 'oxygen' of credit growth." The highlight of next week's economic news will be the FOMC policy announcement on Wednesday. Economists expect the Fed funds rate to remain unchanged at 2.0%, but uncertainty regarding the wording of the
score: 10
Sharewatch 15 weeks ago
will be looking for hints in the accompanying statement on Wednesday about the possibility of a return to interest rate hikes later in the year. Last week expectations of rate hikes were scaled back following weak data and concerns about the health of
Related tags
More questions by
punditwatch
88% of previous questions settled successfully
64 settled, 9 voided
More...
64 settled, 9 voided
Please log in or join to add a comment