
FED pivot is defined as the change in the approach of defining the upper bound of the target federal funds range, so-called 'interest rates'. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.
This market will resolve to the month on which the Federal Open Market Committee decides to decrease interest rates (over the level it was prior to the meeting).
ONLY ANSWERS WITH FORMAT "Month YYYY" like "August 2023" will count for the resolution!
For the time on or after January 2030, "Not before 2030" answer will be considered.
The level and change of the target federal funds rate is published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.
π Top traders
# | Name | Total profit |
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1 | αΉ1,289 | |
2 | αΉ224 | |
3 | αΉ144 | |
4 | αΉ55 | |
5 | αΉ49 |