Verbatim from the venue. The analyst must quote these, never paraphrase.
If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 2.25% following the Federal Reserve's Dec 8, 2027 meeting, then the market resolves to Yes.
This market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Dec 8, 2027 meeting or one week following the last day of that meeting.
opens
Sep 18 · 3:00 PM UTC
closes
Dec 8, 2027 · 6:55 PM UTC · may close early
expires
Dec 8, 2027 · 7:05 PM UTC
floor
2.25
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
3d ago
99¢
1¢
12
yes
Raw payload
Exactly what the API returned for this market.
Show JSON
market42
can_close_earlytrue
close_time2027-12-08T18:55:00Z
created_time2026-09-18T13:29:36.357121Z
event_tickerKXFED-27DEC
exchange_index
ask
5
94¢
spread32¢mid 78¢
bid562¢
bid5.0861¢
bid1260¢
bid7511¢
bid2006¢
Yes bid (no ask)SizeYes
0
expected_expiration_time2027-12-08T19:05:00Z
expiration_time2027-12-15T19:05:00Z
expiration_value
floor_strike2.25
last_price_dollars0.9900
latest_expiration_time2027-12-15T19:05:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.3800
no_bid_dollars0.0600
no_sub_titleAbove 2.25%
notional_value_dollars1.0000
occurrence_datetime2027-12-08T15:00:00Z
open_interest_fp12.00
open_time2026-09-18T15:00:00Z
previous_price_dollars0.9900
previous_yes_ask_dollars0.9600
previous_yes_bid_dollars0.6000
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 2.25% following the Federal Reserve's Dec 8, 2027 meeting, then the market resolves to Yes.
rules_secondaryThis market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Dec 8, 2027 meeting or one week following the last day of that meeting.
settlement_timer_seconds300
statusactive
strike_typegreater
subtitle2.25%
tickerKXFED-27DEC-T2.25
titleWill the upper bound of the federal funds rate be above 2.25% following the Fed's Dec 8, 2027 meeting?