50+ bps decrease100%
No Change0%
25+ bps increase0%
25 bps decrease0%
No price data yet
$58,692,040 Vol.Sep 18, 2024
50+ bps decrease
$10,906,333 Vol.
Yes
25 bps decrease
$6,660,914 Vol.
No
No Change
$23,499,211 Vol.
No
25+ bps increase
$17,625,581 Vol.
No
Rules
The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.
This market will resolve to “Yes” if following the Federal Reserve's September 2024 meeting the upper bound of the target federal funds rate is decreased by 50 or more basis points below the level it was prior to the meeting. Otherwise, it will resolve to “No.”
The resolution source for this market is the FOMC’s statement after its…