A basis point is one hundredth of a percentage point: 25 basis points (bps) is 0.25 percentage points. Central-bank rate moves are usually quoted in basis points.
Polymarket's Fed decision markets have outcomes such as '25 bps decrease', 'No change' and '25 bps increase', measured on the upper bound of the federal funds target range.
FOMC · Implied probability · Multi-outcome market
Polymarket's Fed decision markets have outcomes such as '25 bps decrease', 'No change' and '25 bps increase', measured on the upper bound of the federal funds target range.
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