Fed rate cut by...?: live odds and probabilities
The market favorite is July 2027 Meeting at 51.0%, ahead of April 2027 Meeting at 49.5%. $3.9M traded across 6 outcomes.
Favorite
24h move
Volume
Closes
FedFed RatesFinanceEconomyEconomic Policy
All outcomes
| Outcome | Probability | 24h |
|---|---|---|
| July 2027 Meeting | 51.0% | 0.0 |
| April 2027 Meeting | 49.5% | 0.0 |
| June 2027 Meeting | 30.0% | 0.0 |
| March 2027 Meeting | 12.0% | -0.5 |
| January 2027 Meeting | 8.3% | -0.1 |
| December 2026 Meeting | 1.6% | +0.3 |
Prices are the Polymarket mid or last trade at 2026-11-06 02:17 UTC. A price of 64¢ implies roughly a 64% chance. Prices include spread and are not forecasts by BetG8.
Price history
Market rules and resolution
This market will resolve to “Yes” if the upper bound of the target federal funds rate is decreased at any point between December 16, 2025 and the completion of the Federal Open Market Committee (FOMC) meeting for January 2026, currently scheduled for January 27-28. Otherwise, this market will resolve to “No”. If no January meeting takes place by February 7, 2026, 11:59 PM ET, and no qualifying rate cut has been announced, this market will resolve to "No". Emergency rate cuts will qualify. The primary resolution source for this market will be the official website of the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm), however a consensus of credible reporting may also be used.
This market will resolve to “Yes” if the upper bound of the target federal funds rate is decreased at any point between December 16, 2025 and the completion of the Federal Open Market Committee (FOMC) meeting for July 2027, currently scheduled for July 27 to 28. Otherwise, this market will resolve to “No”. If no July meeting takes place by August 7, 2027, 11:59 PM ET, and no qualifying rate cut has been announced, this market will resolve to "No". Emergency rate cuts will qualify. The primary resolution source for this market will be the official website of the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm), however a consensus of credible reporting may also be used.
How to read this market
Frequently asked questions
- Who is favored in "Fed rate cut by...?"?
- As of November 6, 2026, July 2027 Meeting is the favorite at 51.0%, followed by April 2027 Meeting at 49.5%.
- When does this market resolve?
- The market is scheduled to close on January 29, 2028. It resolves under Polymarket's rules once the outcome is known, which can be earlier or later than the listed date.
- How much has been traded?
- $3.9M in total and $6K in the last 24 hours, with about $84K of resting liquidity.
- Can I trade this market?
- Polymarket restricts access by location; the US version (Polymarket US) and the offshore site have different rules and fee schedules. Check availability in your jurisdiction. BetG8 earns a referral fee from the Polymtrade links on this page.
Related on BetG8
Data: Polymarket Gamma and CLOB APIs, fetched by BetG8 at the time shown above. Venues may restrict access by location. 18+ only.