Will the U.S. Federal Reserve decrease the federal funds rate below 5% by the end of 2024?
14
31
Ṁ501Ṁ230
Dec 31
47%
chance
1D
1W
1M
ALL
Resolution Criteria: The market resolves to YES if the U.S. Federal Reserve lowers the federal funds rate to below 5% at any point before or on December 31, 2024. The federal funds rate is the benchmark interest rate for overnight bank lending.
Official Confirmation: The resolution will be based on statements from the U.S. Federal Reserve confirming the rate drop.
NO Resolution: If the federal funds rate remains at 5% or higher through the end of 2024, the market will resolve to NO.
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