Will the upper bound of the federal funds rate be above 3.50% following the Fed's Sep 15, 2027 meeting?

How this settles

Resolves YES if the upper bound of the federal funds rate target range, as published on the Federal Reserve's official website, is strictly greater than 3.50% after the Fed's September 15, 2027 meeting.

• Strictly greater than, not ≥ 3.50% — A rate of exactly 3.50% does NOT resolve YES — the upper bound must be above 3.50%, so a position holder needs the rate at 3.75% or higher.
• Sep 15, 2027 may not be an FOMC meeting date — If no Fed meeting occurs on that exact date, the resolution condition may never be triggered or could be voided/delayed, creating ambiguity about which meeting qualifies.
• Source is Fed's official website only — Only the rate published on federalreserve.gov counts — any other data vendor (Bloomberg, CME, etc.) is irrelevant, and a discrepancy could affect resolution.

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