Polymarket traders price a 33.6% implied probability for zero Fed rate cuts in 2026—edging out 24.5% for one 25 basis point cut—reflecting hawkish sentiment after the March 18 FOMC meeting held the federal funds rate steady at 3.50%-3.75%, with the dot plot median still eyeing just one cut by year-end amid sticky February CPI at 2.4% year-over-year and core at 2.5%. Geopolitical tensions from the Iran war have spiked oil prices, stoking inflation fears and offsetting softer February nonfarm payrolls (-92,000 jobs) and unemployment at 4.4%, creating a tight contest where upcoming April CPI/PCE data and May FOMC could tip the balance toward fewer easing moves versus resilient labor market signals. CME FedWatch concurs, showing near-certainty of no April change, underscoring trader consensus on prolonged higher-for-longer policy.
Experimental AI-generated summary referencing Polymarket data · Updated0 (0 bps) 33.7%
1 (25 bps) 25%
2 (50 bps) 19%
3 (75 bps) 10%
$14,985,492 Vol.
$14,985,492 Vol.
0 (0 bps)
34%
1 (25 bps)
25%
2 (50 bps)
19%
3 (75 bps)
10%
4 (100 bps)
6%
5 (125 bps)
2%
6 (150 bps)
1%
7 (175 bps)
1%
8 (200 bps)
1%
9 (225 bps)
<1%
10 (250 bps)
<1%
11 (275 bps)
<1%
12+ (300+ bps)
1%
0 (0 bps) 33.7%
1 (25 bps) 25%
2 (50 bps) 19%
3 (75 bps) 10%
$14,985,492 Vol.
$14,985,492 Vol.
0 (0 bps)
34%
1 (25 bps)
25%
2 (50 bps)
19%
3 (75 bps)
10%
4 (100 bps)
6%
5 (125 bps)
2%
6 (150 bps)
1%
7 (175 bps)
1%
8 (200 bps)
1%
9 (225 bps)
<1%
10 (250 bps)
<1%
11 (275 bps)
<1%
12+ (300+ bps)
1%
Emergency rate cuts outside of scheduled FOMC meetings will also count toward the total number of cuts in 2026. This market will remain open until December 31, 2026, 11:59 PM ET, to account for any such emergency actions.
For example, if the Fed cuts rates by 50 bps after a meeting, it would be considered 2 cuts (of 25 bps each).
This market will resolve early to "No" if the specified number of cuts becomes impossible — i.e., if more cuts have already occurred than the strike in question.
Note that cuts between 1–24 bps (inclusive) will also be considered 1 rate cut.
The resolution source for this market will be FOMC statements after meetings scheduled in 2026 according to the official calendar: 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 at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.
Market Opened: Sep 29, 2025, 6:08 PM ET
Resolver
0x2F5e3684c...Emergency rate cuts outside of scheduled FOMC meetings will also count toward the total number of cuts in 2026. This market will remain open until December 31, 2026, 11:59 PM ET, to account for any such emergency actions.
For example, if the Fed cuts rates by 50 bps after a meeting, it would be considered 2 cuts (of 25 bps each).
This market will resolve early to "No" if the specified number of cuts becomes impossible — i.e., if more cuts have already occurred than the strike in question.
Note that cuts between 1–24 bps (inclusive) will also be considered 1 rate cut.
The resolution source for this market will be FOMC statements after meetings scheduled in 2026 according to the official calendar: 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 at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.
Resolver
0x2F5e3684c...Polymarket traders price a 33.6% implied probability for zero Fed rate cuts in 2026—edging out 24.5% for one 25 basis point cut—reflecting hawkish sentiment after the March 18 FOMC meeting held the federal funds rate steady at 3.50%-3.75%, with the dot plot median still eyeing just one cut by year-end amid sticky February CPI at 2.4% year-over-year and core at 2.5%. Geopolitical tensions from the Iran war have spiked oil prices, stoking inflation fears and offsetting softer February nonfarm payrolls (-92,000 jobs) and unemployment at 4.4%, creating a tight contest where upcoming April CPI/PCE data and May FOMC could tip the balance toward fewer easing moves versus resilient labor market signals. CME FedWatch concurs, showing near-certainty of no April change, underscoring trader consensus on prolonged higher-for-longer policy.
Experimental AI-generated summary referencing Polymarket data · Updated



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