Will the upper bound of the federal funds rate be above 4.25% following the Fed's Sep 16, 2026 meeting?

How this settles

Resolves YES if the federal funds rate upper bound published on the Federal Reserve's official website is strictly greater than 4.25% after the September 16, 2026 FOMC meeting.

• Strict "greater than" threshold, not ≥ — An upper bound of exactly 4.25% resolves NO — only a rate above 4.25% (i.e., 4.50% or higher) triggers YES, so a hold at the current 4.25% ceiling is a losing position for YES holders.
• Sep 16 may not be an FOMC meeting date — If the Fed does not hold a scheduled meeting on September 16, 2026, resolution depends on how the market handles a non-meeting date — either the most recent prior rate applies or the contract could be voided/delayed, which is not addressed in the rules.
• Official Fed website as sole data source — Only the rate published on the Federal Reserve's official website counts; any discrepancy between that publication and other sources (CME, Bloomberg, etc.) is irrelevant, so traders must monitor the Fed's site directly for the authoritative print.

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