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Will the upper bound of the federal funds rate be above 4.75% following the Fed's Sep 15, 2027 meeting?

10c

YES · 10% implied

104

contracts 24h

128

open interest (contracts)

How this settles

Resolves YES if the federal funds rate upper bound published on the Fed's official website is strictly greater than 4.75% after the September 15, 2027 FOMC meeting.

  • Strict 'greater than' threshold — 4.75% itself fails — A rate held exactly at 4.75% resolves NO, so a trader who thinks the Fed 'stays at 4.75%' is holding a losing long position, not a winning one.
  • Sep 15, 2027 may not be an FOMC meeting date — FOMC meetings follow a fixed schedule and September 15, 2027 may not align with an actual meeting; if no meeting occurs on that exact date, resolution criteria may never be triggered or could be voided entirely.
  • Official Fed website is the sole data source — Only the rate as published on the Federal Reserve's official website counts — discrepancies from other sources (CME, Bloomberg, etc.) are irrelevant to resolution.

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

24h move: +0.0c

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