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Will the US Fed announce increase in interest rates on Sep 20?
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resolved Sep 20
Resolved
NO

The board of US Federal Reserve will meet on Sep 19-20 to discuss the monetary policy. In the last meeting the rates were hiked by 25 bps (Link to News report).

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August inflation came in slightly hot, 3.7% compared to 3.6% expected, and up from 3.2% in July.

Currently 15.5% according to https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

CME FedWatch Tool - CME Group
Count down to the next Federal Open Market Committee (FOMC) rate hike with the CME FedWatch Tool, based on the Fed Funds target rate. View the tool.

@DanielTilkin the kalshi markets are actually a better comparison, because Kalshi is structured like a binary option just the same way manifold is, and the CME fedwatch tool is actually an implied probability that uses a methodology that is suspect at times.

https://kalshi.com/markets/fed/fed-interest-rates#fed-23sep

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