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Fed Interest Rates: January 2024

$83,110 Vol.

OUTCOMERESULT

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 January 2024 meeting the upper bound of the target federal funds rate is decreased exactly 25 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 January 30 - 31, 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 February 7, 2024, 11:59 PM ET, this market will resolve 50-50.
Volume
$83,110
End Date
Jan 31, 2024
Created At
Dec 8, 2023, 10:29 PM UTC

Outcome proposed: No

No dispute

Final outcome: No

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$83,110 Vol.

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Fed Interest Rates: January 2024

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25 bps decrease?

$58,888 Vol.

No

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0 bps increase?

$11,074 Vol.

Yes

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25 bps increase?

$13,148 Vol.

No

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About

Volume
$83,110
End Date
Jan 31, 2024
Created At
Dec 8, 2023, 10:29 PM UTC
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Beware of external links.