Market icon

Fed Interest Rates: March 2024

$282,426 Vol.

50+ bps decrease 50.0%

25 bps decrease 50.0%

No change 50.0%

25+ bps increase 50.0%

OUTCOME

% CHANCE

RESULT

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 March 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 meeting scheduled for March 19 - 20, 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 March meeting with relevant data is issued. If no statement is released by March 31, 2024, 11:59 PM ET, this market will resolve to the "No change" bracket.
Volume
$282,426
End Date
Mar 20, 2024
Created At
Jan 31, 2024, 8:57 PM

Outcome proposed: No

No dispute

Final outcome: No

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Beware of external links.

$282,426 Vol.

Market icon

Fed Interest Rates: March 2024

50+ bps decrease 50.0%

25 bps decrease 50.0%

No change 50.0%

25+ bps increase 50.0%

Market icon

50+ bps decrease

$13,322 Vol.

No

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Market icon

25 bps decrease

$8,975 Vol.

No

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Market icon

No change

$63,023 Vol.

Yes

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Market icon

25+ bps increase

$197,105 Vol.

No

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About

Volume
$282,426
End Date
Mar 20, 2024
Created At
Jan 31, 2024, 8:57 PM