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Registration

Field Before After
Trial End Date September 30, 2022 June 30, 2024
Last Published March 31, 2022 03:25 PM December 19, 2023 11:21 PM
Study Withdrawn No
Intervention Completion Date October 26, 2022
Data Collection Complete Yes
Final Sample Size: Number of Clusters (Unit of Randomization) 29833 individuals in total, spread across five waves covering the outcomes of the March, May, June, July and September 2022 meetings of the FOMC
Was attrition correlated with treatment status? No
Final Sample Size: Total Number of Observations 29833 individuals in total
Final Sample Size (or Number of Clusters) by Treatment Arms 1500 to 2000 individuals per treatment/control, depending on the wave
Is there a restricted access data set available on request? No
Program Files No
Data Collection Completion Date October 26, 2022
Is data available for public use? No
Intervention (Public) Descriptions of outcomes from meetings of the Federal Open Market Committee; a placebo
Intervention End Date April 15, 2022 October 26, 2022
Primary Outcomes (End Points) Expectations for macroeconomic variables Expectations for macroeconomic variables (inflation, GDP) and household variables (personal income)
Sample size (or number of clusters) by treatment arms 1200 individuals control, 1200 individuals in each of 4 treatment groups 1200 individuals per treatment/control
Intervention (Hidden) We provide descriptions of outcomes from meetings of the Federal Open Market Committee in 2022 after five meetings in which the FOMC raised the federal funds rate by varying amounts. The interventions include very short descriptions of the action(s) taken, while other interventions include a one sentence description for why the FOMC took the action. A separate intervention takes the form of a placebo.
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