No change
$11.7M volYes—
75.5%
No—
24.5%
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 funds range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to the amount of basis points the upper bound of the target federal funds rate …
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).