Fed rate hike in 2024?

This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between April 25 and December 18, 2024's Fed meeting. Otherwise, this market will resolve to “No.” This market may not resolve to "No" until the Fed has released its rate changes information following its December 18 meeting. 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.

How trading works

Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.

Resolution

Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.