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icon for Fed decisions (Jun-Sep)

Fed decisions (Jun-Sep)

icon for Fed decisions (Jun-Sep)

Fed decisions (Jun-Sep)

Other 100.0%

Cut–Pause–Pause <1%

Cut–Pause–Cut <1%

Cut–Cut–Pause <1%

Polymarket

$894,797 Vol.

Other 100.0%

Cut–Pause–Pause <1%

Cut–Pause–Cut <1%

Cut–Cut–Pause <1%

Polymarket

$894,797 Vol.

Cut–Pause–Pause

$2,241 Vol.

No

Cut–Pause–Cut

$2,230 Vol.

No

Cut–Cut–Pause

$1,265 Vol.

No

Cut–Cut–Cut

$1,915 Vol.

No

Pause–Pause–Pause

$349,718 Vol.

No

Pause–Pause–Cut

$104,255 Vol.

No

Pause–Cut–Pause

$30,491 Vol.

No

Pause–Cut–Cut

$17,736 Vol.

No

Other

$384,947 Vol.

Yes

The FED interest rates are defined in this market by the upper bound of the target federal funds rate. The decisions on the target federal funds rate are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve according to the decisions made by the next three Federal Open Market Committee (FOMC) meetings: June 16-17; July 28-29; and September 15-16. A qualifying cut occurs when the new upper bound of the target federal funds rate is lower compared to the level it was prior to the respective meeting. A qualifying hike occurs when the new upper bound of the target federal funds rate is higher compared to the level it was prior to the respective meeting. A qualifying pause occurs when the new upper bound of the target federal funds rate is equal to the level it was prior to the respective meeting. If the Fed publishes a different combination than any listed, this market will resolve to "Other". Any rate hike will be encompassed by "Other". Emergency rate cuts outside the regularly scheduled meetings will not be considered. The resolution source for this market is the FOMC’s statement after its meetings: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm The level and change of the target federal funds rate is also published at the official website of the Federal Reserve: https://www.federalreserve.gov/monetarypolicy/openmarket.htm**Elevated inflation and resilient economic data have driven the near-certain market-implied odds for an “Other” outcome in the Fed decisions (Jun-Sep) market.** Persistent price pressures, with PCE inflation projections revised up to around 3.7% for 2026, prompted the FOMC to hold the federal funds rate steady at 3.50-3.75% through the June, July, and August meetings before delivering a 25 basis point hike to 3.75-4% on September 16. This sequence—three pauses followed by a tightening move—falls outside the specific pause-pause-pause or pause-pause-cut paths priced at just 0.1% each. The hawkish pivot reflects new Chair Kevin Warsh’s emphasis on returning inflation to the 2% target, reinforced by solid GDP growth, robust capital investment, and a stable labor market with unemployment near 4.3%. Updated dot plots show most participants now see at least one additional rate increase by year-end, shifting market-implied odds away from further easing. Realistic scenarios that could still influence resolution include sharper-than-expected inflation moderation from falling energy prices or weaker growth data that might prompt a reversal at the final 2026 meetings, though current conditions point to continued policy caution.

The FED interest rates are defined in this market by the upper bound of the target federal funds rate. The decisions on the target federal funds rate are made by the Federal Open Market Committee (FOMC) meetings.

This market will resolve according to the decisions made by the next three Federal Open Market Committee (FOMC) meetings: June 16-17; July 28-29; and September 15-16.

A qualifying cut occurs when the new upper bound of the target federal funds rate is lower compared to the level it was prior to the respective meeting.

A qualifying hike occurs when the new upper bound of the target federal funds rate is higher compared to the level it was prior to the respective meeting.

A qualifying pause occurs when the new upper bound of the target federal funds rate is equal to the level it was prior to the respective meeting.

If the Fed publishes a different combination than any listed, this market will resolve to "Other". Any rate hike will be encompassed by "Other".

Emergency rate cuts outside the regularly scheduled meetings will not be considered.

The resolution source for this market is the FOMC’s statement after its meetings:
https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

The level and change of the target federal funds rate is also published at the official website of the Federal Reserve:
https://www.federalreserve.gov/monetarypolicy/openmarket.htm
The FED interest rates are defined in this market by the upper bound of the target federal funds rate. The decisions on the target federal funds rate are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve according to the decisions made by the next three Federal Open Market Committee (FOMC) meetings: June 16-17; July 28-29; and September 15-16. A qualifying cut occurs when the new upper bound of the target federal funds rate is lower compared to the level it was prior to the respective meeting. A qualifying hike occurs when the new upper bound of the target federal funds rate is higher compared to the level it was prior to the respective meeting. A qualifying pause occurs when the new upper bound of the target federal funds rate is equal to the level it was prior to the respective meeting. If the Fed publishes a different combination than any listed, this market will resolve to "Other". Any rate hike will be encompassed by "Other". Emergency rate cuts outside the regularly scheduled meetings will not be considered. The resolution source for this market is the FOMC’s statement after its meetings: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm The level and change of the target federal funds rate is also published at the official website of the Federal Reserve: https://www.federalreserve.gov/monetarypolicy/openmarket.htm
Volume
$894,797
End Date
Sep 16, 2026
Market Opened
Apr 29, 2026, 7:50 PM ET

Outcome proposed: No

No dispute

Final outcome: No

The FED interest rates are defined in this market by the upper bound of the target federal funds rate. The decisions on the target federal funds rate are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve according to the decisions made by the next three Federal Open Market Committee (FOMC) meetings: June 16-17; July 28-29; and September 15-16. A qualifying cut occurs when the new upper bound of the target federal funds rate is lower compared to the level it was prior to the respective meeting. A qualifying hike occurs when the new upper bound of the target federal funds rate is higher compared to the level it was prior to the respective meeting. A qualifying pause occurs when the new upper bound of the target federal funds rate is equal to the level it was prior to the respective meeting. If the Fed publishes a different combination than any listed, this market will resolve to "Other". Any rate hike will be encompassed by "Other". Emergency rate cuts outside the regularly scheduled meetings will not be considered. The resolution source for this market is the FOMC’s statement after its meetings: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm The level and change of the target federal funds rate is also published at the official website of the Federal Reserve: https://www.federalreserve.gov/monetarypolicy/openmarket.htm**Elevated inflation and resilient economic data have driven the near-certain market-implied odds for an “Other” outcome in the Fed decisions (Jun-Sep) market.** Persistent price pressures, with PCE inflation projections revised up to around 3.7% for 2026, prompted the FOMC to hold the federal funds rate steady at 3.50-3.75% through the June, July, and August meetings before delivering a 25 basis point hike to 3.75-4% on September 16. This sequence—three pauses followed by a tightening move—falls outside the specific pause-pause-pause or pause-pause-cut paths priced at just 0.1% each. The hawkish pivot reflects new Chair Kevin Warsh’s emphasis on returning inflation to the 2% target, reinforced by solid GDP growth, robust capital investment, and a stable labor market with unemployment near 4.3%. Updated dot plots show most participants now see at least one additional rate increase by year-end, shifting market-implied odds away from further easing. Realistic scenarios that could still influence resolution include sharper-than-expected inflation moderation from falling energy prices or weaker growth data that might prompt a reversal at the final 2026 meetings, though current conditions point to continued policy caution.

The FED interest rates are defined in this market by the upper bound of the target federal funds rate. The decisions on the target federal funds rate are made by the Federal Open Market Committee (FOMC) meetings.

This market will resolve according to the decisions made by the next three Federal Open Market Committee (FOMC) meetings: June 16-17; July 28-29; and September 15-16.

A qualifying cut occurs when the new upper bound of the target federal funds rate is lower compared to the level it was prior to the respective meeting.

A qualifying hike occurs when the new upper bound of the target federal funds rate is higher compared to the level it was prior to the respective meeting.

A qualifying pause occurs when the new upper bound of the target federal funds rate is equal to the level it was prior to the respective meeting.

If the Fed publishes a different combination than any listed, this market will resolve to "Other". Any rate hike will be encompassed by "Other".

Emergency rate cuts outside the regularly scheduled meetings will not be considered.

The resolution source for this market is the FOMC’s statement after its meetings:
https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

The level and change of the target federal funds rate is also published at the official website of the Federal Reserve:
https://www.federalreserve.gov/monetarypolicy/openmarket.htm
The FED interest rates are defined in this market by the upper bound of the target federal funds rate. The decisions on the target federal funds rate are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve according to the decisions made by the next three Federal Open Market Committee (FOMC) meetings: June 16-17; July 28-29; and September 15-16. A qualifying cut occurs when the new upper bound of the target federal funds rate is lower compared to the level it was prior to the respective meeting. A qualifying hike occurs when the new upper bound of the target federal funds rate is higher compared to the level it was prior to the respective meeting. A qualifying pause occurs when the new upper bound of the target federal funds rate is equal to the level it was prior to the respective meeting. If the Fed publishes a different combination than any listed, this market will resolve to "Other". Any rate hike will be encompassed by "Other". Emergency rate cuts outside the regularly scheduled meetings will not be considered. The resolution source for this market is the FOMC’s statement after its meetings: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm The level and change of the target federal funds rate is also published at the official website of the Federal Reserve: https://www.federalreserve.gov/monetarypolicy/openmarket.htm
Volume
$894,797
End Date
Sep 16, 2026
Market Opened
Apr 29, 2026, 7:50 PM ET

Outcome proposed: No

No dispute

Final outcome: No

Beware of external links.

Frequently Asked Questions

"Fed decisions (Jun-Sep)" is a prediction market on Polymarket with 9 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Other" at 100%, followed by "Cut–Pause–Pause" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 100¢ implies that the market collectively assigns a 100% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Fed decisions (Jun-Sep)" has generated $894.8K in total trading volume since the market launched on Apr 29, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Fed decisions (Jun-Sep)," browse the 9 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Fed decisions (Jun-Sep)" is "Other" at 100%, meaning the market assigns a 100% chance to that outcome. The next closest outcome is "Cut–Pause–Pause" at 0%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Fed decisions (Jun-Sep)" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.