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 4.25% following the Federal Reserve's Mar 17, 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 Mar 17, 2027 meeting or one week following the last day of that meeting.
opens
Oct 13, 2025 · 2:00 PM UTC
closes
Mar 17, 2027 · 5:55 PM UTC · may close early
expires
Mar 17, 2027 · 6:05 PM UTC
floor
4.25
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
4d ago
44¢
56¢
1.28
yes
4d ago
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2027-03-17T17:55:00Z
created_time2025-10-06T19:21:39.208257Z
event_tickerKXFED-27MAR
exchange_index
ask6278¢
ask155¢
ask1353¢
ask1145¢
spread5¢mid 43¢
bid50040¢
bid6.5621¢
bid5120¢
bid66819¢
bid343¢
bid582¢
bid731¢
Yes bid (no ask)SizeYes
45¢
55¢
200
yes
6d ago
15¢
85¢
1.28
no
6d ago
13¢
87¢
3
no
6d ago
14¢
86¢
14
no
6d ago
18¢
82¢
1
yes
6d ago
17¢
83¢
8.24
yes
6d ago
17¢
83¢
6.95
yes
6d ago
22¢
78¢
30
yes
6d ago
20¢
80¢
23
yes
6d ago
22¢
78¢
100
yes
6d ago
21¢
79¢
100
yes
9d ago
17¢
83¢
11
yes
10d ago
13¢
87¢
1
yes
10d ago
15¢
85¢
17
yes
10d ago
13¢
87¢
12
yes
14d ago
10¢
90¢
5
yes
18d ago
9¢
91¢
1
yes
21d ago
1¢
99¢
1
no
1mo ago
9¢
91¢
14
yes
1mo ago
9¢
91¢
17
yes
2mo ago
6¢
94¢
23
no
2mo ago
7¢
93¢
1
no
2mo ago
17¢
83¢
24
yes
2mo ago
1¢
99¢
0.16
no
0
expected_expiration_time2027-03-17T18:05:00Z
expiration_time2027-03-24T18:05:00Z
expiration_value
floor_strike4.25
last_price_dollars0.4500
latest_expiration_time2027-03-24T18:05:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.6000
no_bid_dollars0.5500
no_sub_titleAbove 4.25%
notional_value_dollars1.0000
open_interest_fp1409.60
open_time2025-10-13T14:00:00Z
previous_price_dollars0.4500
previous_yes_ask_dollars0.4500
previous_yes_bid_dollars0.4000
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 4.25% following the Federal Reserve's Mar 17, 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 Mar 17, 2027 meeting or one week following the last day of that meeting.
settlement_timer_seconds300
statusactive
strike_typegreater
subtitle4.25%
tickerKXFED-27MAR-T4.25
titleWill the upper bound of the federal funds rate be above 4.25% following the Fed's Mar 17, 2027 meeting?