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$62.3K volYes—
55.0%
No—
45.0%
The FED interest rates are defined in this market by the upper bound of the target federal funds rate. The decisions on the target federal funds rate are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve according to the decisions made by the next three Federal Open Market Committee (…
The percentage is the implied probability of the outcome, between 0% and 100%. For mutually-exclusive markets the sum trends to 100% (no vig). The ▲/▼ arrow shows the 24-hour change in percentage points (pp).