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Will the upper bound of the federal funds rate be above 3.50% following the Fed's Jul 29, 2026 meeting?

99¢
Yes
The market gives this a 99% chance.

Market price history. From 50¢ on Aug 7, 2025 to 99¢ on Jul 30, 2026. Lowest 17¢ on Jan 8, 2026; highest 99¢ on Jun 26, 2026.

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880.2K contractsCloses Jul 29, 2026
About this market

If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 3.50% following the Federal Reserve's Jul 29, 2026 meeting, then the market resolves to Yes.