Will the upper bound of the federal funds rate be above 4.00% following the Fed's Sep 15, 2027 meeting?

How this settles

Resolves YES if the upper bound of the federal funds target rate, as published on the Federal Reserve's official website, is strictly greater than 4.00% after the September 15, 2027 FOMC meeting.

• Strict 'greater than' — 4.00% itself resolves NO — The rule requires the rate to be *above* 4.00%, so a rate landing exactly at 4.00% does NOT resolve YES, which could surprise traders expecting a 'at or above' threshold.
• Sep 15, 2027 may not be a scheduled FOMC meeting date — If no Fed meeting occurs on that exact date, the resolution trigger ("following the Sep 15, 2027 meeting") may never fire, potentially leading to cancellation or ambiguous settlement.
• Rate must be published on Fed's official website — Resolution depends solely on the Fed's own website publication, not third-party data providers or media reports, so any delay or discrepancy in the official posting could affect settlement timing.

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