No change: This outcome resolves to Yes if the Decision Value equals the Prior Value, or if the parent question's cancellation, postponement, or decision-deadline rule applies.
Increase: This outcome resolves to Yes if the Decision Value is higher than the Prior Value under the parent question's rules.
Decrease: This outcome resolves to Yes if the Decision Value is lower than the Prior Value under the parent question's rules.
This market has three possible results: No change, Decrease, or Increase. Exactly one corresponding named outcome resolves to Yes; the other two and the protocol-created fallback resolve to No. It covers the October 2026 Federal Reserve's Open Market Committee decision concerning The upper bound target range of the federal funds rate, scheduled for Oct 28, 2026 18:00 UTC (the "Decision"). The Decision Value is the numeric value of The upper bound target range of the federal funds rate announced by Federal Reserve's Open Market Committee. The Prior Value is the value of that same measure in effect immediately before the Decision. No change resolves to Yes if the Decision Value equals the Prior Value. Decrease resolves to Yes if the Decision Value is lower. Increase resolves to Yes if the Decision Value is higher. If the Decision is rescheduled, the rescheduled decision applies if Federal Reserve's Open Market Committee publishes it by Dec 9, 2026 23:00 UTC. If the Decision is canceled or postponed without a replacement decision, or no official Decision Value is published by Dec 9, 2026 23:00 UTC, No change resolves to Yes. Policy changes outside the scheduled Decision are ignored except when establishing the Prior Value. If Federal Reserve's Open Market Committee replaces The upper bound target range of the federal funds rate, the closest official successor measure identified by Federal Reserve's Open Market Committee is used. Resolution uses the initially published decision; later revisions do not change the resolution. Federal Reserve's Open Market Committee is the primary resolution source; independent reputable reporting may be used if it has not published the relevant decision. No change resolves to Yes under the deadline rule above only if neither Federal Reserve's Open Market Committee nor independent reputable reporting establishes a Decision Value by Dec 9, 2026 23:00 UTC.