Name: ECB Interest Rates: January 2025
Start: 2025-01-03T18:57:03.921737Z
End: 2025-01-30T12:00:00Z

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This is a negrisk market group about European Central Bank interest rates set after the January 2025 meeting.

This market will resolve to “Yes” if following the European Central Bank's (ECB) January 2025 meeting the deposit facility rate is increased by any number of basis points above the level it was prior to the meeting. Otherwise, it will resolve to “No”.

The resolution source for this market is information from the ECB released after its meeting scheduled for January 30, 2025 according to their official calendar: https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official website of the ECB at https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB's statement for their December meeting with relevant data is issued. If no statement is released by February 28, 2025, 11:59 PM ET, this market will resolve to the "No change" bracket.

Increase

This market will resolve to “Yes” if following the European Central Bank's (ECB) January 2025 meeting the deposit facility rate remains at the exact level it was prior to the meeting. Otherwise, it will resolve to “No”.

The resolution source for this market is information from the ECB released after its meeting scheduled for January 30, 2025 according to their official calendar: https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official website of the ECB at https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB's statement for their December meeting with relevant data is issued. If no statement is released by February 28, 2025, 11:59 PM ET, this market will resolve to the "No change" bracket.

No Change

This market will resolve to “Yes” if following the European Central Bank's (ECB) January 2025 meeting the deposit facility rate is reduced by between 1 (inclusive) and 25 (inclusive) basis points beneath the level it was prior to the meeting. Otherwise, it will resolve to “No”.

The resolution source for this market is information from the ECB released after its meeting scheduled for January 30, 2025 according to their official calendar: https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official website of the ECB at https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB's statement for their December meeting with relevant data is issued. If no statement is released by February 28, 2025, 11:59 PM ET, this market will resolve to the "No change" bracket.

25 bps decrease

This market will resolve to “Yes” if following the European Central Bank's (ECB) January 2025 meeting the deposit facility rate is reduced by more than 50 basis points beneath the level it was prior to the meeting. Otherwise, it will resolve to “No”.

The resolution source for this market is information from the ECB released after its meeting scheduled for January 30, 2025 according to their official calendar: https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official website of the ECB at https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB's statement for their December meeting with relevant data is issued. If no statement is released by February 28, 2025, 11:59 PM ET, this market will resolve to the "No change" bracket.

>50 bps decrease

This market will resolve to “Yes” if following the European Central Bank's (ECB) January 2025 meeting the deposit facility rate is reduced by between 26 (inclusive) and 50 (inclusive) basis points beneath the level it was prior to the meeting. Otherwise, it will resolve to “No”.

The resolution source for this market is information from the ECB released after its meeting scheduled for January 30, 2025 according to their official calendar: https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official website of the ECB at https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB's statement for their December meeting with relevant data is issued. If no statement is released by February 28, 2025, 11:59 PM ET, this market will resolve to the "No change" bracket.

50 bps decrease

Taux d'intérêt de la BCE

ECB Interest Rates: January 2025

This is a negrisk market group over how much the European Central Bank will cut interest rates on their meeting scheduled for December 12, 2024.

ECB Interest Rates: December 2024

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) March 2025 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps)

The resolution source for this market is information from the ECB released after its meeting scheduled for March 5-6, 2025 according to their official calendar: https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official website of the ECB at https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB's statement for their March meeting with relevant data is issued. If no statement is released by June 5, 2025, 11:59 PM ET, this market will resolve to the "No change" bracket.

ECB Interest Rates: March 2025

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) July 2025 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket.
For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.

The resolution source for this market is information released by the European Central Bank after its July 24, 2025 policy meeting, as listed on the official ECB calendar:
https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official ECB interest rates page:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB releases its interest rate decision following the July 24, 2025 meeting.

If no interest rate decision or update is published by August 14, 2025, 11:59 PM ET, this market will resolve to the “No change” bracket.

archECB Interest Rates: July 2025

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) September 2025 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket.
For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.

The resolution source for this market is information released by the European Central Bank after its September 11, 2025 policy meeting, as listed on the official ECB calendar:
https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official ECB interest rates page:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB releases its interest rate decision following the September 11, 2025 meeting.

If no interest rate decision or update is published by October 28, 2025, 11:59 PM ET, this market will resolve to the “No change” bracket.

ECB Interest Rates: September 2025

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) October 2025 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket.
For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.

The resolution source for this market is information released by the European Central Bank after its October 30, 2025 policy meeting, as listed on the official ECB calendar:
https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official ECB interest rates page:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB releases its interest rate decision following the October 30, 2025 meeting.

If no interest rate decision or update is published by December 16, 2025, 11:59 PM ET, this market will resolve to the “No change” bracket.

ECB Interest Rates: October 2025

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) December 2025 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket.
For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.

The resolution source for this market is information released by the European Central Bank after its December 18, 2025 policy meeting, as listed on the official ECB calendar:
https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official ECB interest rates page:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB releases its interest rate decision following the December 18, 2025, meeting.

If no interest rate decision or update is published by December 31, 2025, 11:59 PM ET, this market will resolve to the “No change” bracket.

Taux d'intérêt de la BCE : décembre 2025

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) October 2025 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket.
For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.

The resolution source for this market is information released by the European Central Bank after its October 30, 2025 policy meeting, as listed on the official ECB calendar:
https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official ECB interest rates page:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB releases its interest rate decision following the October 30, 2025, meeting.

If no interest rate decision or update is published by November 18, 2025, 11:59 PM ET, this market will resolve to the “No change” bracket.

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) February 2026 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket.
For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.

The resolution source for this market is information released by the European Central Bank after its February 5, 2026 policy meeting, as listed on the official ECB calendar:
https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official ECB interest rates page:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB releases its interest rate decision following the February 5, 2026, meeting.

If no interest rate decision or update is published by February 28, 2026, 11:59 PM ET, this market will resolve to the “No change” bracket.

Taux d'intérêt de la BCE : février 2026

This market will resolve to the amount of basis points the upper bound of the deposit facility rate is changed by versus the level it was prior to the European Central Bank's (ECB) March 2026 meeting.

If the deposit facility rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 basis points and will resolve to the relevant bracket.
For example, if the deposit facility rate is increased or decreased by 12.5 basis points, it will be treated as a 25 basis point change for the purposes of resolution.

The resolution source for this market is information released by the European Central Bank after its March 19, 2026 policy meeting, as listed on the official ECB calendar:
https://www.ecb.europa.eu/press/calendars/mgcgc/html/index.en.html

The level and change of the deposit facility rate is also published at the official ECB interest rates page:
https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html

This market may resolve as soon as the ECB releases its interest rate decision following the March 19, 2026 meeting.

If no interest rate decision or update is published by March 31, 20256, 11:59 PM ET, this market will resolve to the “No change” bracket.

Taux d'intérêt de la BCE : mars 2026

This market will resolve to “Yes” if the upper bound of the European Central Bank’s (ECB) deposit facility rate is increased at any point between January 1, 2026 and the conclusion of the ECB's December 2026 meeting, currently scheduled for December 16-17, 2026. Otherwise, this market will resolve to “No”.

This market may not resolve to "No" until the ECB has released its rate change decision following its December meeting. If, however, the ECB’s December meeting is cancelled, postponed after December 31, 2026, or the rate change decision for that meeting is otherwise unknown by December 31, 2026, 11:59 PM ET, and no qualifying rate increase has occurred, this market will resolve immediately to “No”.

The primary resolution source for this market will be the European Central Bank (https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html); however, a consensus of credible reporting may also be used.

Hausse des taux de la BCE en 2026 ?

This market will resolve to “Yes” if the upper bound of the European Central Bank’s (ECB) deposit facility rate is decreased at any point between January 1, 2026 and the conclusion of the ECB's December 2026 meeting, currently scheduled for December 16-17, 2026. Otherwise, this market will resolve to “No”.

This market may not resolve to "No" until the ECB has released its rate change decision following its December meeting. If, however, the ECB’s December meeting is cancelled, postponed after December 31, 2026, or the rate change decision for that meeting is otherwise unknown by December 31, 2026, 11:59 PM ET, and no qualifying rate decrease has occurred, this market will resolve immediately to “No”.

The primary resolution source for this market will be the European Central Bank (https://www.ecb.europa.eu/stats/policy_and_exchange_rates/key_ecb_interest_rates/html/index.en.html), however a consensus of credible reporting may also be used.

Baisse du taux de la BCE en 2026 ?

This market will resolve immediately to “No” if any of the following conditions are met at any point by March 20, 2026, 11:59 PM ET:

- The United States Federal Reserve increases or decreases the upper bound of the Target Federal Funds Rate.
- The Bank of Japan increases or decreases the upper bound of the short-term policy interest rate.
- The European Central Bank increases or decreases the upper bound of the deposit facility rate.
- The Bank of Canada increases or decreases the target for the overnight rate.

Otherwise, this market will resolve to “Yes”.

The full rules for this market can be found here:
https://polymarket-upload.s3.us-east-2.amazonaws.com/Nothing-Ever-Happens-Interest-Rates-e9f9058457.jpg

Nothing Ever Happens: Interest Rates

This is a market about the variation of consumer prices in the Eurozone over the 12-month period ending December 2026 as reported by Eurostat.

This market will resolve according to the percentage change in the Harmonised Index of Consumer Prices (HICP) over the 12-month period ending December 2026, according to the monthly Eurostat report.

The resolution source for this market will be the Eurostat Harmonised Index of Consumer Prices monthly report released for December 2026, currently scheduled to be released on January 19, 2027. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.

You can find this report on the Eurostat website (https://ec.europa.eu/eurostat/en/) by selecting the "Database" option from the "Data" dropdown, opening the "Data navigation tree" folder, then the "Economy and finance" folder, then the "Prices (prc)" folder, then the "Harmonised index of consumer prices (HICP) (prc_hicp)" folder, and opening the file named "HICP - monthly data (annual rate of change) (prc_hicp_manr)". The relevant figure can be found in the column for the relevant month in the row marked "Euro area - 20 countries (from 2023)".

Note: the resolution source for this market will be the official monthly Eurostat HICP news release which reports inflation change over 12-month periods to only one decimal point (e.g. 1.9%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://ec.europa.eu/eurostat/web/main/news/release-calendar or https://www.ecb.europa.eu/press/calendars/statscal/ges/html/sthicp.en.html

L'inflation annuelle de la zone euro en 2026 sera-t-elle comprise entre 1,9 % et 2,1 % ?

The Swiss National Bank (SNB) is scheduled to issue a press release for its in March 2026 Monetary Policy Assessment, including a decision on the SNB Policy Rate, on March 19, 2026 (https://www.snb.ch/en/services-events/digital-services/event-schedule).

This market will resolve according to the change in the upper bound of the SNB Policy Rate as a result of the decision of this assessment versus the level it was prior to the SNB March 2026 Monetary Policy Assessment.

The resolution source for this market will be official information from the Swiss National Bank released after its March 2026 Monetary Policy Assessment (https://www.snb.ch/en/the-snb/mandates-goals/monetary-policy/decisions); however, a consensus of credible reporting may also be used.

This market may resolve as soon as the Swiss National Banks's press release for the specified meeting with relevant data is issued. If no SNB policy rate decision is issued by the end date of their next scheduled meeting, this market will resolve to the "No change" bracket.

Pas de changement du taux directeur de la Banque nationale suisse après la réunion de mars ?

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 June 2026, currently scheduled for June 16-17. Otherwise, this market will resolve to “No”.

If no June meeting takes place by July 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.

Baisse du taux directeur de la Fed d'ici la réunion de juin 2026 ?

This market will resolve according to the combined outcome of who will be confirmed as the next Fed Chair and whether the Fed’s lower bound will reach 2.5% or lower (https://polymarket.com/event/what-will-fed-rate-hit-before-2027) at any point by December 31, 2026, 11:59 PM ET.

This market will resolve to “Other” if an outcome not listed occurs within the specified timeframe.

This market may resolve as soon as the respective conditions are met.

The rules and resolution criteria are as follows:

1. Who be confirmed as the next Fed Chair?
This market will resolve according to the next individual confirmed by the U.S. Senate to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET.

Confirmation is defined as approval by the U.S. Senate, whether by a majority vote or by unanimous consent.

Recess appointments without Senate confirmation will not count toward a "Yes" resolution.

Acting or interim appointments will not count unless the individual is confirmed by the U.S. Senate to be Chair of the Federal Reserve.

The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm); however, a consensus of credible reporting may also be used.

2. Will the Fed’s lower bound reach 2.5% or lower in 2026?
The FED interest rates are defined in this market by the lower bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.

This market will resolve according to whether the lower bound of the target federal funds rate reaches 2.5% at any point by December 31, 2026, 12:59 PM ET.

Emergency rate cuts and hikes outside the regularly scheduled meetings will be considered.

The resolution source for this market is the official website of the Federal Reserve at:
https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

Note: If the lower bound of the target federal funds rate reaches 2.5% before a new Fed Chair is nominated, it will qualify.

Kevin Warsh sera-t-il confirmé comme président de la Fed et les taux resteront-ils supérieurs à 2,5 % en 2026 ?

This market will resolve according to the Eurozone GDP growth rates over the same quarter of the previous year % change, based on seasonally adjusted data, in the "GDP and employment flash estimates for the fourth quarter of 2025" flash release for Q4 of 2025, scheduled for January 30, 2026.

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

The GDP release will be made available here: https://ec.europa.eu/eurostat/web/main/news/euro-indicators

If no data for the specified quarter is released by the date the next quarter's data is scheduled to be released, this market will resolve based on data from the last available quarter.

Note: data from the initial release of the referenced flash GDP report is what will be used to resolve this market. Data may be revised during the following quarter or as a part of the next estimate's publication, however any revisions to GDP report data made after the initial release of the specified report will not be considered for this market's resolution.

La croissance du PIB de la zone euro au quatrième trimestre 2025 sera-t-elle comprise entre 1,0 et 1,5 % ?

This market will resolve according to the exact amount of cuts of 25 basis points in 2026 by the Fed (including any cuts made during the December meeting).

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.

Les 3 baisses de taux de la Fed auront-elles lieu en 2026?

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

This market will resolve to the amount of basis points the upper bound of the target federal funds rate is changed by versus the level it was prior to the Federal Reserve's June 2026 meeting.

If the target federal funds rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps)

The resolution source for this market is the FOMC’s statement after its meeting scheduled for June 16-17, 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.

This market may resolve as soon as the FOMC’s statement for their June meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.

La Fed va-t-elle diminuer les taux d'intérêt de 25 points de base après la réunion de juin 2026 ?

This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between January 1, 2026 and the Fed's December 2026 meeting, currently scheduled for December 8-9, 2026. Otherwise, this market will resolve to “No”.

This market may not resolve to "No" until the Fed has released its rate change decision following its December meeting.

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.

Hausse du taux directeur de la Fed en 2026 ?

This market will resolve to "Yes" if the European Union's long-term sovereign credit letter rating is downgraded by any of the three major credit rating agencies (S&P, Moody's, Fitch) at any point between market creation and December 31, 2026 11:59pm ET. Otherwise, this market will resolve to "No".

The resolution source for this market will be official information from Standard & Poor's, Moody's, or Fitch, however a consensus of credible reporting will also be used.

Déclassement de la dette de l'UE avant 2027 ?

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

This market will resolve to “Yes” if the lower or the upper bound of the target federal funds rate reaches the specified level at any point by December 31, 2026, 12:59 PM ET. Otherwise, this market will resolve to “No.”

Emergency rate cuts and hikes outside the regularly scheduled meetings will be considered.

The resolution source for this market is the official website of the Federal Reserve at:
https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

This market may resolve as soon as the relevant data showing the reached level is published.

Le plancher de la Fed atteindra-t-il 3,25 % ou moins avant 2027 ?

This market will resolve to "Yes" if the long-term sovereign credit letter rating of any European Union member country is downgraded by any of the three major credit rating agencies (S&P, Moody's, Fitch) at any point between the date of market creation and December 31, 2026 11:59pm ET. Otherwise, this market will resolve to "No".

The resolution source for this market will be official information from Standard & Poor's, Moody's, or Fitch, however a consensus of credible reporting will also be used.

La dette d'un pays de l'UE sera-t-elle déclassée avant 2027 ?

This market will resolve according to the German GDP growth rates over the same quarter of the previous year % change, based on seasonally adjusted data, in the first release of the "Gross domestic product: detailed economic performance results" press release for Q4 of 2025, expected to be released at the end of January 2026.

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

The GDP release will be made available here: https://www.destatis.de/EN/Themes/Economy/National-Accounts-Domestic-Product/_node.html

If no data for the specified quarter is released by March 31, 2026, 11:59 PM CET, this market will resolve based on data from the last available quarter.

Note: the resolution source for this market reports "on the same quarter a year earlier (price adjusted)" to only one decimal point (e.g. 0.3%). Thus, this is the level of precision that will be used when resolving the market.

Note: data from the initial release of the referenced flash GDP report is what will be used to resolve this market. Data may be revised during the following quarter, or as a part of the next estimate's publication; however, any revisions to GDP report data made after the initial release of the specified report will not be considered for this market's resolution.

La croissance du PIB de l'Allemagne au T4 2025 sera-t-elle exactement de 0,4 % ?

This market will resolve to “No change” if, between "No change" and "25 bps decrease," "No change" is the favorite in the market "Fed decision in March?" (https://polymarket.com/event/fed-decision-in-march-885) between 2 PM and 6 PM ET on January 28, 2026.

This market will resolve to “25 bps decrease" if, between "No change" and "25 bps decrease," "25 bps decrease" is the favorite during that period.

This market will resolve to whichever of  "No change" or "25 bps decrease" is ahead in more individual minutes during this window.

A tie in the number of minutes will resolve to "50-50".

If the underlying market resolves prior to this market, this market will immediately resolve in accordance with the underlying market’s final outcome. If a listed option resolves “Yes,” this market will resolve immediately in favor of the corresponding market. Accordingly, if a listed option resolves “No,” this market will resolve in favor of the other option. If both options simultaneously resolve in the same direction, such as in the case of a negrisk market in which another option resolves “Yes”, this market will resolve 50-50. 

The resolution source will be the underlying minute-level price data for the “Fed decision in March?” market, which can be viewed using the bar chart on https://derivative.polymarket.com/pause-or-cut-favored-for-march-fed-decision-on-january-28 or through the “Resolution” tab with the time set to show the four-hour window. Both interfaces display the same underlying data.

Note: This market will resolve according to the price scoring methodology of derivative.polymarket.com.

Dérivé Fed de mars : Pause ou baisse privilégiée le 28 janvier ?

This market will resolve to “Yes” if, between "25 bps decrease" and "No change", "25 bps decrease" becomes the favorite in the market "Fed decision in March?" (https://polymarket.com/event/fed-decision-in-march-885) for any four-hour period ending by February 28, 2026, 11:59 PM ET or earlier. Otherwise, this market will resolve to “No”.

"25 bps decrease" will be considered to have become the favorite for any four-hour period if it is ahead of "No change" in the majority of individual minutes during a qualifying time period. A tie in the number of minutes will not suffice.

If the underlying market resolves prior to this market, this market will immediately resolve in accordance with the underlying market’s final outcome. If a listed option resolves “Yes,” this market will resolve immediately in favor of the corresponding market. Accordingly, if a listed option resolves “No,” this market will resolve in favor of the other option. If both options simultaneously resolve in the same direction, such as in the case of a negrisk market in which another option resolves “Yes”, this market will resolve 50-50. 

The resolution source will be the underlying minute-level price data for the "Fed decision in March?" market, which can be viewed using the bar chart on https://derivative.polymarket.com/will-cut-flip-pause-for-march-fed-decision-by-february-28 or through the “Get Resolution” tab with the time set to show the four-hour period window. Both interfaces display the same underlying data.

Note: This market will resolve according to the price scoring methodology of derivative.polymarket.com.

Dérivé de la Fed de mars : la « baisse de 25 points de base » dépasse la « pause » d’ici le 28 février ?

This is a polymarket on whether the listed team will win the 2025–26 UEFA Europa League.

This market will resolve to "Yes" if the listed team is officially crowned the winner of the 2025–26 UEFA Europa League. Otherwise, it will resolve to "No".

If at any point it becomes impossible for the listed team to win the tournament (e.g. they are mathematically eliminated), the market will resolve to "No".

If the 2025–26 UEFA Europa League is canceled or not completed by October 1, 2026, this market will resolve to "Other".

The primary resolution source will be official information from UEFA Europa League (https://www.uefa.com/uefaeuropaleague/). A consensus of credible reporting may also be used.

Aston Villa va-t-il gagner la Ligue Europa de l'UEFA 2025-26 ?

This is a market about the variation of consumer prices in China over the 12-month period ending December 2026, as reported by the National Bureau of Statistics (NBS) of China.

This market will resolve according to the percentage change in the Consumer Price Index (CPI) during the 12-month period ending December 2026 according to the monthly NBS report.

The resolution source for this market will be the NBS Consumer Price Index monthly report released for December 2026 (https://www.stats.gov.cn/english/PressRelease/), currently expected to be released in January 2027. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.

You can find the relevant figure by locating the report for December 2026 on the Press Releases page (see: https://www.stats.gov.cn/english/PressRelease/), locating the table named "Consumer Price Indexes in December 2026", and finding the consumer price index figure in the column labeled "Growth Rate Y/Y (%)".

Note: the resolution source for this market will be the official monthly NBS CPI news release which reports inflation during 12-month periods to only one decimal point (e.g. 1.9%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://www.stats.gov.cn/english/PressRelease/ReleaseCalendar/

Will China's annual inflation in 2026 be between 0.6% and 1.0%?

This is a polymarket on whether the listed team will win the 2025–26 UEFA Champions League.

This market will resolve to "Yes" if the listed team is officially crowned the winner of the 2025–26 UEFA Champions League. Otherwise, it will resolve to "No".

If at any point it becomes impossible for the listed team to win the tournament (e.g. they are mathematically eliminated), the market will resolve to "No".

If the 2025–26 UEFA Champions League is canceled or not completed by October 1, 2026, this market will resolve to "Other".

The primary resolution source will be official information from UEFA Champions League (https://www.uefa.com/uefachampionsleague/). A consensus of credible reporting may also be used.

Arsenal va-t-il gagner la Ligue des champions 2025–26 ?

This market will resolve to “No” if any of the following conditions are met between this market’s creation
and March 31, 2026, 11:59 PM ET:

- Jerome Powell out as Fed Chair
- Jerome Powell federally charged
- Jerome Powell arrested

Otherwise, this market will resolve to “Yes”.

The full rules for this market can be found here:
https://polymarket-upload.s3.us-east-2.amazonaws.com/NEHJeromePowellEdition.pdf

Nothing Ever Happens: Jerome Powell Edition

This market will resolve to “Yes” if the listed bank fails between market creation and June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.”

For the purposes of this market, the listed bank will be considered to have “failed” if, within the listed date range, any of the following occurs under the bank’s applicable legal or regulatory framework:

- The listed bank’s primary banking regulator formally declares the institution insolvent or non-viable, or withdraws or revokes the bank’s license or authorization, and such determination initiates or directly results in resolution, liquidation, wind-down, or transfer actions.
- The listed bank enters a court-ordered liquidation, statutory resolution regime, or regulator-mandated wind-down, including the use of resolution tools such as bail-ins, forced asset transfers, or the establishment of a bridge bank.
- A government or resolution authority intervenes in a manner that wipes out or subordinates existing equity of the listed bank and transfers effective control of the bank to the state or a designated resolution authority, with continued operations dependent on official intervention.
- The listed bank publicly defaults on a payment obligation, including derivatives margin, repo, or physical commodity delivery, and such default is formally acknowledged by the bank’s primary regulator or resolution authority and directly results in the initiation of resolution, liquidation, license withdrawal, or regulator-mandated transfer of the bank.
- The listed bank is subject to a compulsory merger, acquisition, or transfer of all or substantially all of its assets and liabilities ordered or directed by its primary banking regulator or resolution authority due to the bank’s financial condition or to prevent failure, regardless of whether a formal insolvency declaration or immediate equity wipeout is publicly announced at the time of transfer.

If there is a potential failure of the listed bank within this market’s date range and a qualifying regulatory or court action has occurred but has not yet been fully published by the relevant authority, this market may remain open  to allow for confirmation. If no qualifying failure is confirmed by that date, this market will resolve to “No.”

The primary resolution source for this market will be official statements, filings, or actions by the listed bank’s primary banking regulator or resolution authority; however, a consensus of credible reporting may also be used.

ECB Interest Rates: January 2025

Increase
$285,497 Vol.
No

No Change
$213,761 Vol.
No

25 bps decrease
$183,022 Vol.
Yes

50 bps decrease
$187,240 Vol.
No

>50 bps decrease
$428,317 Vol.
No

Contexte du Marché

ECB Interest Rates: January 2025

Règles

ECB Interest Rates: January 2025

Contexte du Marché

ECB Interest Rates: January 2025

À propos

ECB Interest Rates: January 2025

Increase$285,497 Vol.No

No Change$213,761 Vol.No

25 bps decrease$183,022 Vol.Yes

50 bps decrease$187,240 Vol.No

>50 bps decrease$428,317 Vol.No

Contexte du Marché

ECB Interest Rates: January 2025

Règles

ECB Interest Rates: January 2025

Contexte du Marché

ECB Interest Rates: January 2025

À propos

Increase
$285,497 Vol.
No

No Change
$213,761 Vol.
No

25 bps decrease
$183,022 Vol.
Yes

50 bps decrease
$187,240 Vol.
No

>50 bps decrease
$428,317 Vol.
No