If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 0.50% following the Federal Reserve's Jun 9, 2027 meeting, then the market resolves to Yes. Outcome verified from Federal Reserve Board of Governors.

This market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Jun 9, 2027 meeting or one week following the last day of that meeting.