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Description
Fed decision in April 2026 centers on the target range of the federal funds rate as set by the FOMC. The market resolves to the change in the upper bound relative to the prior level after the April 28–29, 2026 meeting, rounded to the nearest 25 basis points if needed. Resolution sources include the FOMC statement and the Fed’s open-market operations site; if no statement is issued by the end of the meeting window, the market resolves to No change.
Event stats
24h volume
Total volume
Liquidity
Markets
4
Market highlights
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24h gainer
24h loser
Highest volume
Top market
24h gainer
24h loser
Highest volume
Related events
Markets
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| 50+ bps decrease | No | — | — | — | — | — | |
| 25 bps decrease | No | — | — | — | — | — | |
| No change | Yes | — | — | — | — | — | |
| 25+ bps increase | No | — | — | — | — | — |
Rules
The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to the amount of basis points the upper bound of the target federal funds rate is changed by versus the level it was prior to the Federal Reserve's April 2026 meeting. If the target federal funds rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps) The resolution source for this market is the FOMC’s statement after its meeting scheduled for April 28-29, 2026 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm. This market may resolve as soon as the FOMC’s statement for their April meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.