Will the upper bound of the federal funds rate be above 3.50% following the Fed's Sep 16, 2026 meeting?

How this settles

Resolves YES if the Federal Reserve's official website shows a federal funds rate upper bound strictly greater than 3.50% after the September 16, 2026 FOMC meeting.

• Strictly greater than, not equal to 3.50% — A rate of exactly 3.50% resolves NO — the threshold is exclusive, so traders long YES need the upper bound to be at least 3.75% (the next standard 25 bps increment).
• Sep 16, 2026 is not a scheduled FOMC date — FOMC meetings are typically two-day events; if Sep 16 falls mid-meeting or the schedule shifts, the rate 'following' that specific date could reference a decision announced on a different day, creating ambiguity about which rate print applies.
• Source locked to Fed's official website only — Resolution depends exclusively on the Federal Reserve's published rate — not CME, Bloomberg, or any other data provider — so any delay or discrepancy in the Fed's web posting directly affects settlement timing.

Rules read for this specific contract. Full KXFED settlement rules →