Polymarket traders price a 35.4% implied probability for the fed funds rate at 3.75% by end-2026, with 3.5% close behind at 23.5%, aggregating to strong consensus for a terminal rate near 3.6% amid the Federal Reserve's ongoing easing cycle. This positioning stems from the September FOMC's 50 basis point cut to 4.75-5.00% and dot plot median of 3.4% for end-2026—slightly below trader sentiment due to persistent core services inflation around 3.3% and a resilient labor market, evidenced by September's strong 254,000 nonfarm payrolls. Yesterday's weak October jobs report (just 12,000 added, unemployment at 4.1%) has intensified near-term rate cut expectations via CME FedWatch, indirectly supporting a shallower long-term path. Key catalysts ahead include November 13 CPI data and the December FOMC meeting, with election outcomes potentially influencing policy risks.
Experimental AI-generated summary referencing Polymarket data · Updated3.75% 33.7%
3.5% 24%
3.25% 18%
4.0% 9.8%
$3,698,789 Vol.
$3,698,789 Vol.
≤1.0%
1%
1.25
1%
1.5%
<1%
1.75%
<1%
2.0%
1%
2.25%
1%
2.5%
1%
2.75%
7%
3.0%
4%
3.25%
18%
3.5%
24%
3.75%
34%
4.0%
10%
4.25%
2%
≥ 4.5%
3%
3.75% 33.7%
3.5% 24%
3.25% 18%
4.0% 9.8%
$3,698,789 Vol.
$3,698,789 Vol.
≤1.0%
1%
1.25
1%
1.5%
<1%
1.75%
<1%
2.0%
1%
2.25%
1%
2.5%
1%
2.75%
7%
3.0%
4%
3.25%
18%
3.5%
24%
3.75%
34%
4.0%
10%
4.25%
2%
≥ 4.5%
3%
This market will resolve according to the upper bound of the Federal Reserve’s target federal funds range after the December 2026 Federal Open Market Committee (FOMC) meeting, currently scheduled for December 8-9, 2026.
This market may resolve immediately after the statement for the FOMC’s December meeting, with relevant information about the FOMC’s decision on the target federal funds range, has been issued. If no FOMC decision on the target federal funds range for their December meeting has been issued by December 31, 2026, 11:59 PM ET, this market will resolve according to the upper bound of the target federal funds range at that time.
The upper bound of the target federal funds range will be rounded to the nearest 25 basis points for resolution of this market. If the upper bound of the target federal funds range falls exactly between two listed options, it will be rounded away from zero (e.g. if the upper bound is 2.875, with listed options of 3.0 & 2.75, this market will resolve to 3.0).
The primary resolution source for this market will be official information from the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm).
Market Opened: Jan 12, 2026, 12:43 PM ET
Resolver
0x2F5e3684c...This market will resolve according to the upper bound of the Federal Reserve’s target federal funds range after the December 2026 Federal Open Market Committee (FOMC) meeting, currently scheduled for December 8-9, 2026.
This market may resolve immediately after the statement for the FOMC’s December meeting, with relevant information about the FOMC’s decision on the target federal funds range, has been issued. If no FOMC decision on the target federal funds range for their December meeting has been issued by December 31, 2026, 11:59 PM ET, this market will resolve according to the upper bound of the target federal funds range at that time.
The upper bound of the target federal funds range will be rounded to the nearest 25 basis points for resolution of this market. If the upper bound of the target federal funds range falls exactly between two listed options, it will be rounded away from zero (e.g. if the upper bound is 2.875, with listed options of 3.0 & 2.75, this market will resolve to 3.0).
The primary resolution source for this market will be official information from the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm).
Resolver
0x2F5e3684c...Polymarket traders price a 35.4% implied probability for the fed funds rate at 3.75% by end-2026, with 3.5% close behind at 23.5%, aggregating to strong consensus for a terminal rate near 3.6% amid the Federal Reserve's ongoing easing cycle. This positioning stems from the September FOMC's 50 basis point cut to 4.75-5.00% and dot plot median of 3.4% for end-2026—slightly below trader sentiment due to persistent core services inflation around 3.3% and a resilient labor market, evidenced by September's strong 254,000 nonfarm payrolls. Yesterday's weak October jobs report (just 12,000 added, unemployment at 4.1%) has intensified near-term rate cut expectations via CME FedWatch, indirectly supporting a shallower long-term path. Key catalysts ahead include November 13 CPI data and the December FOMC meeting, with election outcomes potentially influencing policy risks.
Experimental AI-generated summary referencing Polymarket data · Updated



Beware of external links.
Beware of external links.
Frequently Asked Questions