
This market is mutually exclusive. Therefore, if the Federal Reserve hikes by 50bps, the 50bp market will resolve to Yes and the 25bp market will resolve to No. Only one bucket, at maximum, can resolve to Yes. Note 4/28/25: For the markets beginning after the May meeting, if a scheduled FOMC meeting is canceled and does not occur on its scheduled date, then the strike for "No change" will resolve to Yes and all others will resolve to No.