Will the upper bound of the federal funds rate be above 3.75% following the Fed's Apr 28, 2027 meeting?

How this settles

Resolves YES if the Fed's official website shows the upper bound of the federal funds target rate is strictly greater than 3.75% after the April 28, 2027 FOMC meeting.

• Strictly greater than, not at or above 3.75% — A rate of exactly 3.75% does NOT resolve YES — the threshold is strictly greater than 3.75%, so a position holder needs the upper bound to be at least 4.00% (the next standard 25 bps increment).
• Official Fed website is sole data source — Only the rate as published on the Federal Reserve's official website counts, so discrepancies from third-party data providers, CME, or news reports are irrelevant to resolution.
• Post-meeting print, not intra-meeting changes — Only the rate published following the April 28, 2027 meeting matters; any earlier or later adjustments (e.g., emergency inter-meeting moves) do not affect resolution.
• No scheduled meeting could void resolution — If the Fed cancels or does not hold a meeting on April 28, 2027, resolution criteria may not be met, creating ambiguity about whether the market settles or is voided.

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