The Federal Reserve will not raise interest rates above 1% before the end of 2017

Created by waveman on 2015-09-19; known on 2018-01-01; judged wrong by waveman on 2018-01-01.

• waveman estimated 55% on 2015-09-19
• waveman said “My reason is based on the fact that any significant increase in rates will ruin US government finances due to higher interest bills. In effect the Fed needs to keep funding the deficit forever by printing money.” on 2015-09-19
• waveman said “Current the fed board member median estimate for end 2017 is 2%, far below previous estimates” on 2016-03-16
• themusicgod1 estimated 51% on 2016-03-16
• themusicgod1 said “http://www.marketwatch.com/story/fed-holds-rates-and-sees-only-two-hikes-this-year-2016-03-16 so far so good.” on 2016-03-17
• waveman estimated 2% and said “They are now close to 1% and promising several more” on 2016-12-15
• waveman   judged this prediction wrong on 2018-01-01.