{
  "$schema": "https://clearmarket.fyi/schema/signal/v1.json",
  "record_id": "CMSIG20260828VS01",
  "record_slug": "will-the-federal-reserve-hike-rates-by-vol-55695",
  "schema_version": "v0.2.0",
  "provenance_version": "0.2.0",
  "published_at": "2026-08-28T19:52:39+00:00",
  "semantic_title": "Fed hike above 25bps in September stays a long shot at 2%",
  "telemetry": "2% · $56K 24h",
  "headline": "Fed Sept hike >25bps: 2% on $56K volume",
  "category_tag": "VOLUME_SPIKE",
  "secondary_tags": [],
  "detection_path": "volume_spike",
  "pre_news_classification": "pre_news",
  "status": {
    "state": "live",
    "as_of": "2026-09-05",
    "outcome": null,
    "outcome_basis": null,
    "final_price": null,
    "resolved_at": null
  },
  "target_event_id": "CM-EVT-18Z2VTMCX0",
  "target_event_slug": "kxfeddecision-26sep",
  "event_question": "Will the Federal Reserve make a decision in September 2026?",
  "linked_event_ids": [],
  "primary_market": {
    "platform": "kalshi",
    "platform_market_id": "KXFEDDECISION-26SEP-H26",
    "question_raw": "Will the Federal Reserve Hike rates by >25bps at their September 2026 meeting?",
    "current_price": 0.02,
    "volume_24h_usd": 55695.81,
    "volume_cumulative_usd": 72153.48,
    "arbitration_model": "kalshi_staff",
    "resolves_at": "2026-09-16T18:05:00Z"
  },
  "related_markets": [],
  "bullets": [
    "2% price reflects near-universal market consensus that the Fed holds or cuts in September 2026.",
    "77% of all-time volume arrived today, suggesting a macro catalyst reignited attention without moving the needle.",
    "Possible trigger: fresh labor or inflation data that traders checked, and dismissed, as insufficient for a hike.",
    "Resolves on the FOMC September 2026 rate decision."
  ],
  "atomic_claims": [
    {
      "type": "volume_anomaly",
      "provenance": "24h + cumulative volume direct from kalshi API; intensity = 24h/cumulative (derived)",
      "field_provenance": {
        "volume_24h_usd": {
          "tier": "direct",
          "method": "kalshi_api"
        },
        "intensity": {
          "tier": "derived",
          "method": "arithmetic",
          "inputs": [
            "volume_24h_usd",
            "volume_cumulative_usd"
          ]
        }
      },
      "liquidity_context": {
        "kalshi_vol_24h_usd": 55695.81
      }
    }
  ],
  "sources": [
    {
      "label": "ClearMarket market record: Will the Federal Reserve make a decision in September 2",
      "url": "https://clearmarket.fyi/events/kxfeddecision-26sep",
      "retrieved_at": "2026-08-28T19:52:39+00:00"
    }
  ],
  "field_provenance": {
    "pm_data": "kalshi_api",
    "news_context": "retrieval_grounded",
    "editorial_judgment": "cm_signal_llm_judge"
  },
  "canonical_urls": {
    "html": "https://clearmarket.fyi/signals/will-the-federal-reserve-hike-rates-by-vol-55695/",
    "json": "https://clearmarket.fyi/signals/will-the-federal-reserve-hike-rates-by-vol-55695.json"
  },
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "_provenance_registry": {
    "direct": "Unaltered extraction from primary venue/source API (e.g., polymarket_clob_api, kalshi_api, BLS, FRED). Highest trust tier.",
    "mediated": "Information fetched via grounded agentic retrieval (e.g., perplexity_grounded). MUST carry source_url to the underlying primary source.",
    "derived": "Algorithmic computation from listed inputs. Chain only as fresh as the oldest input timestamp (see as_of).",
    "editorial": "Interpretive classification produced by a versioned LLM prompt template (prompts auditable in github.com/JDSource/clearmarket/prompts)."
  },
  "_provenance_canonical": "https://clearmarket.fyi/schema/provenance/v1"
}