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Fed rate odds today

Monday, 2 November 2026 · Live prices, updated . Refreshes about every 5 minutes.

In short

For "Fed decisions (Sep–Dec)" (closes 9 Dec 2026, 23:59 UTC), prediction markets give Hike–Pause–Hike a 72% chance, and Hike–Pause–Pause 25%. Prices as of 2 Nov 2026, 21:24 UTC.
Next decision
9 Dec
Leading outcome
Hike–Pause–Hike
Its chance
72%
Traded in 24h
$772k

Fed decision markets

Each row is the market's chance for that outcome. A share costs that many cents and pays $1 if right.

  • Fed Decision in December?

    Closes 10 Dec 2026, 04:59 UTC · $660k traded in 24h

    25 bps increase73%

    Up 2 pts in 24h · 73¢ a share

    No change26%

    Down 2 pts in 24h · 26¢ a share

    50+ bps increase2%

    Source market

  • How many Fed rate cuts in 2026?

    Closes 1 Jan 2027, 04:59 UTC · $48k traded in 24h

    0 (0 bps)97%
    1 (25 bps)1%
    2 (50 bps)0%
    3 (75 bps)0%
    4 (100 bps)0%
    5 (125 bps)0%
    6 (150 bps)0%
    7 (175 bps)0%
    8 (200 bps)0%
    9 (225 bps)0%
    10 (250 bps)0%
    11 (275 bps)0%

    Source market

  • Another Fed rate hike in 2026?

    Closes 10 Dec 2026, 04:59 UTC · $20k traded in 24h

    Yes73%

    Up 1 pts in 24h · 73¢ a share

    No27%

    Down 1 pts in 24h · 27¢ a share

    Source market

  • Fed Decision in January?

    Closes 28 Jan 2027, 04:59 UTC · $17k traded in 24h

    No change70%
    25 bps increase26%

    Up 1 pts in 24h · 26¢ a share

    25 bps decrease2%

    Up 1 pts in 24h · 2¢ a share

    Source market

  • Fed decisions (Sep–Dec)

    Closes 9 Dec 2026, 23:59 UTC · $14k traded in 24h

    Hike–Pause–Hike72%
    Hike–Pause–Pause25%

    Down 3 pts in 24h · 25¢ a share

    Source market

  • How many Fed rate hikes in 2026?

    Closes 1 Jan 2027, 04:59 UTC · $13k traded in 24h

    1 (25 bps)28%
    2 (50 bps)73%
    3 (75 bps)1%

    Source market

How to read these odds

Each price is the cost of a share that pays $1 if the outcome happens, so 62¢ means the market sees about a 62% chance and a correct share returns about 1.6x. Prices come from public Polymarket markets and move every minute; this page is rebuilt about every 5 minutes and says when its numbers were taken. Full guide: converting odds to probability. All fed rate markets, beyond today: Economy and Fed odds. The next meeting, explained: the December 2026 FOMC.

Your first pack is free

Rip Fed rate markets in a pack

Every pack holds 3 live prediction markets. Odds and pack value are shown before you pay. Hold to the result or cash out at the live price.

18+. Packs are random and carry a house edge: pack value at open is about 90% of the price.

FAQ

Will the Fed cut rates at the next meeting?

At 2 Nov 2026, 21:24 UTC, the market priced Hike–Pause–Hike at 72%, Hike–Pause–Pause at 25%, Other at 1% for "Fed decisions (Sep–Dec)".

How are Fed rate odds different from CME FedWatch?

FedWatch derives chances from fed funds futures prices; prediction markets trade a share on each outcome directly. The two usually agree within a few points; when they differ, the gap is worth reading, not trading on.

Why do Fed odds move?

Inflation and jobs data, Fed speeches and market stress all change what traders will pay. The 24-hour move on each outcome shows how much the latest news shifted it.

Odds today

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