Trader sentiment on Polymarket heavily favors zero (37.6%) or one (25.5%) Fed rate cuts in 2026, implying market consensus for just 40 basis points of easing amid a resilient U.S. economy and sticky inflation. This positioning stems from the December 2024 FOMC dot plot, projecting the fed funds rate at 2.9% by year-end 2026 from current 4.25%-4.50%, signaling only two quarter-point cuts on median forecasts. Robust November jobs data (227K added) and core PCE holding near 2.7% reinforce a hawkish pause, with 10-year Treasury yields steady around 4.3%. Upcoming January FOMC and CPI prints will be pivotal, as any inflation reacceleration could solidify zero-cut odds.
Experimental AI-generated summary referencing Polymarket data · Updated0 (0 bps) 37.8%
1 (25 bps) 26%
2 (50 bps) 18%
3 (75 bps) 8%
$11,775,431 Vol.
$11,775,431 Vol.
0 (0 bps)
38%
1 (25 bps)
26%
2 (50 bps)
18%
3 (75 bps)
8%
4 (100 bps)
4%
5 (125 bps)
3%
6 (150 bps)
2%
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) 37.8%
1 (25 bps) 26%
2 (50 bps) 18%
3 (75 bps) 8%
$11,775,431 Vol.
$11,775,431 Vol.
0 (0 bps)
38%
1 (25 bps)
26%
2 (50 bps)
18%
3 (75 bps)
8%
4 (100 bps)
4%
5 (125 bps)
3%
6 (150 bps)
2%
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...Resolver
0x2F5e3684c...Trader sentiment on Polymarket heavily favors zero (37.6%) or one (25.5%) Fed rate cuts in 2026, implying market consensus for just 40 basis points of easing amid a resilient U.S. economy and sticky inflation. This positioning stems from the December 2024 FOMC dot plot, projecting the fed funds rate at 2.9% by year-end 2026 from current 4.25%-4.50%, signaling only two quarter-point cuts on median forecasts. Robust November jobs data (227K added) and core PCE holding near 2.7% reinforce a hawkish pause, with 10-year Treasury yields steady around 4.3%. Upcoming January FOMC and CPI prints will be pivotal, as any inflation reacceleration could solidify zero-cut odds.
Experimental AI-generated summary referencing Polymarket data · Updated
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