Polymarket traders price a single 25 basis point Fed rate cut in 2026 as most likely at 31.5%, narrowly ahead of two cuts (50 bps, 23.5%) and zero cuts (23%), reflecting uncertainty over inflation persistence and growth trajectory after 2025's projected easing. September FOMC dot plot medians imply modest 30bps trimming from end-2025's anticipated 3.4% fed funds rate, bolstered by resilient labor markets (4.1% unemployment) and sticky core PCE near 2.6%. Hotter October CPI (core +3.3% annualized) has cooled aggressive cut bets, while recession risks from slowing GDP keep multi-cut odds viable; December FOMC dots and Q4 data will differentiate paths, with implied probabilities capturing real-money consensus on a soft landing.
Experimental AI-generated summary referencing Polymarket data · Updated1 (25 bps) 32%
2 (50 bps) 24%
0 (0 bps) 23.0%
3 (75 bps) 10%
$10,373,327 Vol.
$10,373,327 Vol.
0 (0 bps)
23%
1 (25 bps)
32%
2 (50 bps)
24%
3 (75 bps)
10%
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)
2%
1 (25 bps) 32%
2 (50 bps) 24%
0 (0 bps) 23.0%
3 (75 bps) 10%
$10,373,327 Vol.
$10,373,327 Vol.
0 (0 bps)
23%
1 (25 bps)
32%
2 (50 bps)
24%
3 (75 bps)
10%
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)
2%
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...Polymarket traders price a single 25 basis point Fed rate cut in 2026 as most likely at 31.5%, narrowly ahead of two cuts (50 bps, 23.5%) and zero cuts (23%), reflecting uncertainty over inflation persistence and growth trajectory after 2025's projected easing. September FOMC dot plot medians imply modest 30bps trimming from end-2025's anticipated 3.4% fed funds rate, bolstered by resilient labor markets (4.1% unemployment) and sticky core PCE near 2.6%. Hotter October CPI (core +3.3% annualized) has cooled aggressive cut bets, while recession risks from slowing GDP keep multi-cut odds viable; December FOMC dots and Q4 data will differentiate paths, with implied probabilities capturing real-money consensus on a soft landing.
Experimental AI-generated summary referencing Polymarket data · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions