This market resolves YES if the Federal Open Market Committee lowers the target range for the federal funds rate by at least 25 basis points in the statement issued for the October 28, 2026 FOMC meeting. Use the change announced in the first official FOMC statement or decision release tied to the October 27-28, 2026 meeting. YES if the target range is at least 25 basis points below the range in effect immediately before that meeting. NO if the target range is unchanged or is lowered by less than 25 basis points. Do not use the chair's press-conference wording, projections, minutes, market pricing, or later revisions. If the October 2026 FOMC meeting is postponed or canceled, resolve N/A unless a substitute official decision release for that meeting is issued. Creation context: {"latest_official_context": {"current_action": "maintained", "current_target_range": "3.50% to 3.75%", "fed_context": "The June 17, 2026 statement maintained the target range at 3-1/2 to 3-3/4 percent.", "release": "Federal Reserve issues FOMC statement", "release_date": "2026-06-17"}, "metric": "Change in the target range for the federal funds rate announced at the meeting", "related_non_duplicates": ["Markets about inflation, employment, or other releases in October 2026 are not duplicates.", "Markets about a smaller 0-24 bp move, a later meeting, or an unchanged decision are not exact duplicates.", "Markets about the federal funds rate by year-end, target-range level, or the chair's commentary are not duplicates."], "release_schedule": "The Federal Reserve calendar lists the October 2026 FOMC meeting for Tuesday, October 27, and Wednesday, October 28, 2026.", "resolver_surface": "October 28, 2026 FOMC statement / rate decision", "source_fetch_caveat": "Official Federal Reserve pages were verified via web/search tooling before creation.", "threshold": "At least 25 basis points lower than the immediately prior target range"}. Sources / resolver surfaces: - Fed FOMC calendars: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm - Fed October 2026 calendar: https://www.federalreserve.gov/newsevents/2026-october.htm - Fed June 17, 2026 FOMC statement: https://www.federalreserve.gov/newsevents/pressreleases/monetary20260617a.htm - Fed H.15 selected interest rates: https://www.federalreserve.gov/releases/h15/