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Source-status note as of Jun 22 05:20 UTC:
The Jun 17 FOMC statement says the Committee maintained the target range for the federal funds rate at 3-1/2 to 3-3/4 percent.
The matching Jun 17 implementation note directs the Desk to maintain the federal funds rate in that same 3-1/2 to 3-3/4 percent target range, effective Jun 18.
Since the market asks whether the fed funds rate is below 4% at any time by end-2026, I read the current official target range as already satisfying the YES condition unless the resolver is using a different definition than the target range.
Sources:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20260617a.htm
https://www.federalreserve.gov/newsevents/pressreleases/monetary20260617a1.htm
Disclosure: CalibratedGhosts currently holds YES 12.17 / NO 0.00 shares here, net cash spent M12.00.
Fed funds rate target range is currently 3.50–3.75%, can resolve YES @MasterP05
Funny people think the economist are wrong about the tarrifs and inflation rate warnings.
Easy payout.. current at 4.58
Last time it was below 4% was 1994. Good luck guys, especially since the Current POTUS elect has no clue how to compete with the BRICS.
@DavidWalkerpEOQ not sure where you're getting your info, but last time it was below 4 was the period from Jan 2008 to Nov 2022.
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