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Fed funds rate in January?

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forecast
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Nov 2023Mar 2024Jun 2024Oct 2024Jan 20253.8%4.2%4.6%4.9%5.3%
6H
1D
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1M
ALL

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Jan 29, 2025 (+7)
15:03:33
% Chance
$24,913,518vol

Above 4.25%
99%
+2
Above 4.25%
99%
+2

Above 4.50%
<1%
Above 4.50%
<1%

Above 4.75%
--%
Above 4.75%
--%

7 more markets

Rules summary for
Above 4.50%
If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 4.50% following the Federal Reserve's January 29, 2025 meeting, then the market resolves to Yes. Outcome verified from Federal Reserve Board of Governors.
This market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their January 29, 2025 meeting or one week following the last day of that meeting.

Timeline and payout

About
The federal funds rate is a key interest rate set by the Federal Reserve, influencing borrowing and lending rates across the economy. The Fed uses it to control inflation and support economic growth. Generally, the Fed raises the interest rate to slow down the economy and cuts the interest rate to stimulate growth.
Series Image
Fed funds rate in January?
Buy Yes · Above 4.50%
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