US Fed to hike interest rates by 50 bps or more?
Orderbook
Timeline
Overview
256 Trades
About the event
Source of Truth
https://tradingeconomics.com/united-states/interest-rate
Trading started on
17 Mar, 2023
Event expires on
23 Mar, 2023
Event Overview & Statistics
The Fed raised the target range for the fed funds rate by 25bps to 4.5%-4.75% in its February 2023 meeting, dialing back the size of the increase for a second straight meeting but still pushing borrowing costs to the highest since 2007.
Bps(Basis Points) = 0.01%
Rules
TIME- The event will expire on 22nd March 2023 11:00 PM.
SETTLEMENT- The event will be settled within 24 hours of expiry.
RULE- If interest rates are not hiked, then event will settle at 'No'.
