Verbatim from the venue. The analyst must quote these, never paraphrase.
If the Federal Reserve announces an increase in the target range or target level for the federal funds rate after market Issuance and on or before Jun 30, 2028, then the market resolves to Yes.
opens
Sep 16 · 8:30 PM UTC
closes
Jul 1, 2028 · 3:59 AM UTC · may close early
expires
Dec 31, 2028 · 3:00 PM UTC
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
17h ago
94¢
6¢
11
yes
21h ago
94¢
6¢
11
yes
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2028-07-01T03:59:00Z
created_time2026-09-16T19:51:36.867455Z
early_close_conditionIf this event occurs, the market will close the following 10am ET.
bid
68
95¢
bid2,50094¢
bid1193¢
bid30092¢
bid2,50091¢
bid50087¢
bid3,29663¢
bid57247¢
Yes bid (no ask)SizeYes
21h ago
93¢
7¢
0.01
yes
1d ago
92¢
8¢
200
no
4d ago
92¢
8¢
200
no
4d ago
92¢
8¢
134
no
4d ago
95¢
5¢
10
yes
4d ago
96¢
4¢
10
yes
event_ticker
KXFEDHIKE-2
exchange_index0
expected_expiration_time2028-12-31T15:00:00Z
expiration_time2028-07-01T14:00:00Z
expiration_value
last_price_dollars0.9400
latest_expiration_time2028-07-01T14:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.0500
no_bid_dollars0.0400
no_sub_titleBefore July 2028
notional_value_dollars1.0000
occurrence_datetime2028-06-30T14:00:00Z
open_interest_fp364.65
open_time2026-09-16T20:30:00Z
previous_price_dollars0.9200
previous_yes_ask_dollars0.9300
previous_yes_bid_dollars0.9200
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the Federal Reserve announces an increase in the target range or target level for the federal funds rate after market Issuance and on or before Jun 30, 2028, then the market resolves to Yes.
rules_secondary
settlement_timer_seconds3600
statusactive
subtitleBy Jun 30, 2028
tickerKXFEDHIKE-2-28JUN30
titleWill the Federal Reserve hike rates by June 30, 2028?