Will the Fed raise interest rates by 25+ bps after its 2024 March meeting?

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 fund range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to “Yes” if following the Federal Reserve's March 2024 meeting the upper bound of the target federal funds rate is increased by 25 or more basis points above the level it was prior to the meeting. Otherwise, it will resolve to “No.” The resolution source for this market is the FOMC’s statement after its meeting scheduled for March 19 - 20, 2024 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm. This market may resolve as soon as the FOMC’s statement for their March meeting with relevant data is issued. If no statement is released by March 31, 2024, 11:59 PM ET, this market will resolve to the "No change" bracket.