Fed Interest Rate Decision for January 31: Should They Raise or Lower the Rate?

Thread starter schizo
Start date Jan 30, 2024

Shoud they raise or lower the fed funds rate at their next meeting?

They should raise the target interest rate by 50 bps
Votes: 0 0.0%
They should raise the target interest rate by 25 bps
Votes: 1 7.7%
They should leave the rate unchanged
Votes: 10 76.9%
They should lower the target interest rate by 25 bps
Votes: 1 7.7%
They should lower the target interest rate by 50 bps
Votes: 1 7.7%

Total voters

13
Poll closed Jan 31, 2024.

SunTrader

Feb 2, 2024

I voted unchanged and still feel the same, ... for the moment.

Though I took a look at NFP chart and see that the 12 month MA jobs created has been trending lower - started the year around 399k and currently around 248k. Also U6 unemployment the opposite since July - was below its MA, now above.