Fed rate cut by June meeting?
This market will resolve to “Yes” if the upper bound of the target federal funds rate is decreased at any point between April 7 and the completion of the Federal Open Market Committee (FOMC) meeting for June 2025, currently scheduled for June 17 - 18. Otherwise, this market will resolve to “No”. Emergency rate cuts will qualify. The primary resolution source for this market will be the official website of the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm), however a consensus of credible reporting may also be used.