TOTAL VOLUME:
$142.3b
24H VOL:
$107,419,736
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,594,026,835
471,138
Markets across
35,775
events
MATCHED EVENTS:
2,926
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
This market tracks the probability of the Federal Reserve increasing interest rates by 25 basis points following their December 2026 meeting. Currently, the consensus probability across Polymarket and Predict is 74.5% that the Fed will raise rates. Resolution will be based on the FOMC’s statement released after their meeting on December 8-9, 2026, with data available at https://www.federalreserve.gov/monetarypolicy/openmarket.htm. Market participants should closely watch the economic data released leading up to the December 10, 2026 resolution date estimate, as this will likely influence final predictions.
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 December 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 December 8-9, 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 December 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.
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 December 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 December 8-9, 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 December 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.
Prediction market odds often reflect a ‘wisdom of the crowd’ effect, potentially offering a different perspective than traditional analyst forecasts. While analysts rely on economic models and expert opinions, this market incorporates a broader range of information and incentives. Discrepancies can arise due to differing methodologies and the ability of market participants to rapidly adjust their positions based on new information. It’s valuable to compare both sources to gain a more nuanced understanding of potential outcomes. The current volume of $3,511,451 suggests significant interest in this market.
Prices on Polymarket and Predict can diverge due to several factors. Polymarket and Predict can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform has its own user base, trading dynamics, and fee structures, which can influence price discovery. Differences in liquidity—the amount of volume available—can also contribute to price discrepancies. Furthermore, varying levels of information access and interpretation among traders on each platform can lead to differing assessments of the likelihood of the Fed increasing interest rates. The 4.3 point difference in probabilities between the two platforms illustrates this dynamic.
This market resolves around Dec 10, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will be based on whether the Federal Reserve increases interest rates by 25 basis points after the December 2026 meeting, as publicly announced by the Federal Reserve. The outcome will be determined by official statements released by the Federal Reserve following their December meeting, and will be verified against credible public sources. The current volume of $3,511,451 demonstrates strong interest in the outcome of this event.
Several key economic indicators and Federal Reserve communications could significantly impact this market. Inflation reports, employment data, and GDP growth figures will all be closely watched by traders. Statements from Federal Reserve officials regarding future monetary policy, including speeches and press conferences, could also trigger price movements. Unexpected geopolitical events or shifts in global economic conditions could also influence the market. Any indication of a change in the Fed's stance on interest rates is likely to cause volatility in this market, with a current 24-hour volume of $299,581.