Will the upper bound of the federal funds rate be above 2.50% following the Fed's Apr 28, 2027 meeting?
What resolves this contract
If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 2.50% following the Federal Reserve's Apr 28, 2027 meeting, then the market resolves to Yes.
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 85¢ means the market is pricing in a 85.0% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($5,335) reflects every buy and sell across the life of this contract. Open interest ($972) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Kalshi. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will Liam Lawson be the 2026 F1 Drivers' Champion? | 1¢ | $9,930,454 |
| Will Gabriel Bortoleto be the 2026 F1 Drivers' Champion? | 1¢ | $9,732,184 |
| Will Felix Auger Aliassime win the 2026 Men's French Open? | 9¢ | $995,366 |
Common questions about this market
How is this market resolved?
If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 2.50% following the Federal Reserve's Apr 28, 2027 meeting, then the market resolves to Yes.
When does this contract expire?
This contract closes on 2027-04-28, 329 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 85¢?
If the event resolves YES, each YES contract pays $1 , a profit of 15¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 85¢ is lost. Current market price implies a 85.0% probability of YES.
Where is this market listed?
This contract is listed on Kalshi. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $5,335 in total traded volume and $972 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.