Will the Fed cut rates by more than 25bps for their September 17-18 2024 meeting?

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Will the Fed cut rates by more than 25bps for their September 17-18 2024 meeting?

Trade volume$16.18K

Liquidity$0

Market ends onSeptember 18, 2024 at 05:00 PM UTC

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Market Description

This market will resolve to “Yes” if the upper bound of the target federal funds rate is decreased by more than 25bps in their September 17-18, 2024 meeting. Otherwise, this market will resolve to “No.” The primary resolution source for this market will be the official website of the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm), however a consensus of credible reporting may also be used.

If the rate cut is exactly 25bps or less this market will resolve to 'NO'.

RESOLVED TO

Yes

Profit