Verbatim from the venue. The analyst must quote these, never paraphrase.
If the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031, as published on the Federal Reserve’s official website, is above 4.50%, then the market resolves to Yes.
If the Federal Reserve specifies a single target rate rather than a target range, that target rate will be used.
opens
Jul 29 · 6:00 PM UTC
closes
Jan 1, 2032 · 4:59 AM UTC · may close early
expires
Jan 8, 2032 · 6:30 AM UTC
floor
4.5
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
25d ago
33¢
67¢
5
yes
26d ago
36¢
Raw payload
Exactly what the API returned for this market.
Show JSON
market42
can_close_earlytrue
close_time2032-01-01T04:59:00Z
created_time2026-07-29T17:37:58.140486Z
early_close_conditionThis market will close and expire early if the economic data is released.
64¢
42
no
26d ago
35¢
65¢
25
no
2mo ago
42¢
58¢
0.01
yes
2mo ago
40¢
60¢
0.01
no
2mo ago
51¢
49¢
0.01
no
event_ticker
KXFEDFUNDSYEAR-32JAN01
exchange_index0
expected_expiration_time2032-01-08T06:30:00Z
expiration_time2032-01-08T06:30:00Z
expiration_value
floor_strike4.5
last_price_dollars0.3300
latest_expiration_time2032-01-08T06:30:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.8600
no_bid_dollars0.3800
no_sub_titleAbove 4.50%
notional_value_dollars1.0000
occurrence_datetime2032-01-01T06:30:00Z
open_interest_fp72.01
open_time2026-07-29T18:00:00Z
previous_price_dollars0.3300
previous_yes_ask_dollars0.6200
previous_yes_bid_dollars0.1400
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031, as published on the Federal Reserve’s official website, is above 4.50%, then the market resolves to Yes.
rules_secondaryIf the Federal Reserve specifies a single target rate rather than a target range, that target rate will be used.
settlement_timer_seconds1800
statusactive
strike_typegreater
tickerKXFEDFUNDSYEAR-32JAN01-T4.50
titleWill the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031 be above 4.50%?