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This market will remain open until December 31, 2026, 11:59 PM ET, to account for any such emergency actions.\n\nFor example, if the Fed cuts rates by 50 bps after a meeting, it would be considered 2 cuts (of 25 bps each).\n\nThis market will resolve early to \"No\" if the specified number of cuts becomes impossible — i.e., if more cuts have already occurred than the strike in question.\n\nNote that cuts between 1–24 bps (inclusive) will also be considered 1 rate cut.\n\nThe resolution source for this market will be FOMC statements after meetings scheduled in 2026 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. 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