All resolutions
📈EconomyClosed Nov 7, 2024·Volume $134.0M

Fed increases interest rates by 25+ bps after November 2024 meeting?

ResolvedNO
7d before0.1%
3d before0.3%
24h before0.4%Brier 0.000
At close0.1%Brier 0.000

Forecast trajectory · last 14 days

YES-token mid price over time. Resolved NO at $0.

0%1%1%2%3%Oct 24Oct 27Oct 30Nov 1Nov 4Nov 7

Lock-in: market crossed ≤20% 14.0d before close.

Resolution 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 November 2024 meeting the upper bound of the target federal funds rate is increased by 25 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 November 6 - 7, 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 November meeting with relevant data is issued. If no statement is released by December 18, 2024, 11:59 PM ET, this market will resolve to the "No change" bracket.