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Politics · Trump

Kevin Warsh cuts rates at first Fed meeting?

$218K volume$25K 24hEnds --1.7c yesLive
Chart

Probability history

1D CLOB
YES 1.7cNO 98.3c
Market

Outcome prices

YES / NO
Live

The Fed interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal funds range are made by the Federal Open Market Committee (FOMC) meetings.

This market will resolve to “Yes” if the Fed decreases the upper bound of the target federal funds range as a result of the first FOMC Meeting for which Kevin Warsh holds the position of Chair of the Federal Reserve. Otherwise, this market will resolve to "No"

The resolution source for this market is the FOMC’s statement after the first FOMC Meeting for which Kevin Warsh holds the position of Chair of the Federal Reserve. The FOMC calendar may be viewed at: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm.

The level and change of the target federal funds range is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

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Outcome proposed

Pending
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Dispute window

Open until resolution
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Final outcome

Awaiting official result
GM

GMC.Capital2d ago

I think the market is not pricing the probability as they should. While economically speaking it makes total sense to not cut rates, this guy was selected by Trump who doesn't care if it makes sense or not to cut rates, their motivation is political not economical. Yes should be between 10-20.

taut-dogwood1d ago

the decision is made by a vote not by the chair

rontro282d ago

whats going on here?

taut-dogwood2d ago

retardation