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Will the upper bound of the federal funds rate be above 3.75% following the Fed's Jul 29, 2026 meeting?

18¢
Yes
The market gives this a 18% chance.

Market price history. From 41¢ on Aug 7, 2025 to 18¢ on Jul 30, 2026. Lowest 2¢ on Mar 9, 2026; highest 50¢ on Aug 26, 2025.

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1.3M 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 3.75% following the Federal Reserve's Jul 29, 2026 meeting, then the market resolves to Yes.