Market icon

Fed Interest Rates: June 2024

50+ bps decrease 100.0%

25 bps decrease 100.0%

No Change 100.0%

25+ bps increase 100.0%

$2,287,333 Vol.

Regels

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 June 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 June 11 - June 12, 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 June meeting with relevant data is issued. If no statement is released by June 30, 2024, 11:59 PM ET, this market will resolve to the "No change" bracket.
Volume
$2,287,333
Einddatum
Jun 12, 2024
Gemaakt op
May 1, 2024, 12:00 PM ET

Resultaat voorgesteld: No

Geen bezwaar

Definitief resultaat: No

Pas op voor externe links.

Market icon

Fed Interest Rates: June 2024

50+ bps decrease 100.0%

25 bps decrease 100.0%

No Change 100.0%

25+ bps increase 100.0%

$2,287,333 Vol.

Market icon

50+ bps decrease

$571,695 Vol.

No

Market icon

25 bps decrease

$602,846 Vol.

No

Market icon

No Change

$530,060 Vol.

Yes

Market icon

25+ bps increase

$582,732 Vol.

No

Over

Volume
$2,287,333
Einddatum
Jun 12, 2024
Gemaakt op
May 1, 2024, 12:00 PM ET

Pas op voor externe links.