Market icon

Fed decision in December?

25 bps decrease 99.8%

75+ bps decrease <1%

50 bps decrease <1%

No Change <1%

$58,771,669 Vol.

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 December 2024 meeting the upper bound of the target federal funds rate is decreased by 75 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 meeting scheduled for December 17 - 18, 2024 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm.

The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

This market may resolve as soon as the FOMC’s statement for their December meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.
Volume
$58,771,669
End Date
Dec 18, 2024
Created At
Aug 6, 2024, 12:40 PM ET
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 December 2024 meeting the upper bound of the target federal funds rate is decreased by 75 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 meeting scheduled for December 17 - 18, 2024 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm. This market may resolve as soon as the FOMC’s statement for their December meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.

Outcome proposed: No

No dispute

Final outcome: No

Beware of external links.

Market icon

Fed decision in December?

25 bps decrease 99.8%

75+ bps decrease <1%

50 bps decrease <1%

No Change <1%

$58,771,669 Vol.

75+ bps decrease

$13,304,399 Vol.

No

50 bps decrease

$9,192,310 Vol.

No

25 bps decrease

$7,490,697 Vol.

Yes

No Change

$7,400,314 Vol.

No

25+ bps increase

$10,228,496 Vol.

No

Other

$11,155,453 Vol.

No

About

Volume
$58,771,669
End Date
Dec 18, 2024
Created At
Aug 6, 2024, 12:40 PM ET

Beware of external links.