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Fed Decision in July?

5 outcomes · ranked

$43.4M traded
No change
85%
25 bps increase
14%
25 bps decrease
1%
50+ bps increase
0%
50+ bps decrease
0%

Probability over time

last 30 days
94%No change · -9 pts over period85%

What this means

Across 5 outcomes, the market's favourite is No change at 85%. Because these are separate markets, probabilities need not sum to exactly 100%.

How this resolves

The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal funds range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to the amount of basis points the upper bound of the target federal funds rate is changed by versus the level it was prior to the Federal Reserve's July 2026 meeting. If the target federal funds rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps) The resolution source for this market is the FOMC’s statement after its meeting scheduled for July 28-29, 2026 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The level an…

Resolves: Jul 29, 2026

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