The Federal Reserve will not raise interest rates in September.

Created by PseudonymousUser on 2015-08-23; known on 2015-09-17; judged right by Afforess on 2015-09-17.

• PseudonymousUser estimated 72% on 2015-08-23
• PseudonymousUser estimated 85% on 2015-08-24
• JoshuaZ estimated 75% on 2015-08-24
• sflicht estimated 66% and said “It’s an interesting conundrum for the Fed. My estimate would have been 25% last week. CW on Wall Street and elsewhere has shifted dramatically in 48 hours, + could do so again. It’s bad for Fed cred to be seen as responding to stock mkt.” on 2015-08-25
• Afforess estimated 70% on 2015-08-27
• PseudonymousUser said “@sflicht, That’s true, but China just started selling US treasuries. The median estimate is $40 billion per month according to http://www.bloomberg.com/news/articles/2015-08-27/china-said-to-sell-treasuries-as-dollars-needed-for-yuan-support” on 2015-08-28
• PseudonymousUser said “That’s about the same nominal amount (per month) of Morgage Backed Securities that the Fed was buying when doing Quantitative Easing, according to https://en.wikipedia.org/wiki/Quantitative_easing#QE2” on 2015-08-28
• PseudonymousUser said “So it’ll be like reverse QE and will put deflationary pressure on the dollar, unless the Fed actually steps up buying. That’s my rationale, anyway.” on 2015-08-28
• PseudonymousUser estimated 88% on 2015-08-28
• average_joe estimated 76% on 2015-08-28
• Jayson Virissimo estimated 75% on 2015-09-03
• danielfilan estimated 75% on 2015-09-05
• PseudonymousUser estimated 90% on 2015-09-10
• PlacidPlatypus estimated 55% on 2015-09-14
• Afforess   judged this prediction right on 2015-09-17.
• Afforess said “The Federal Reserve did not raise interest rates: http://www.federalreserve.gov/newsevents/press/monetary/20150917a.htm” on 2015-09-17