TOTAL VOLUME:
$114.6b
24H VOL:
$120,500,996
24H TRANSACTIONS:
1,317,581,230
OPEN INTEREST:
$1,175,716,214
332,638
Markets across
32,154
events
MATCHED EVENTS:
2,978
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
No change
- Polymarket
No change - Polymarket
63%
1W
News
Positive
Negative
Neutral
Hover marker for details
Aug 15
Aug 16
Aug 17
Aug 18
Aug 19
Aug 20
Aug 22
Vol.
$12.8k
·
Resolves Dec 9, 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 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.
Compared to analyst forecasts, this market often reflects a more immediate, trader-driven view of Fed policy expectations. While analysts may incorporate a wide range of economic data and forward guidance, market odds capture the aggregated bets of participants on Polymarket in real time. The current implied probability can diverge from consensus estimates, especially when new economic data or speeches from Fed officials shift expectations suddenly.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, traders set the odds through buying and selling contracts that pay out based on the Fed's December decision. The current top outcome is priced at around 62.5%, with volume of $40,452 over the last 24 hours. Prices adjust continuously as new information about inflation, employment, or Fed communication flows into the market.
This market resolves around Dec 9, 2026, with the outcome confirmed once the Fed's December decision is verifiable from credible public reporting. The exact policy outcome — such as any interest rate change or forward guidance — will be announced in the Fed's official statement and press conference, determining which contracts settle in full.
Key signals that could shift this market include upcoming U.S. inflation reports, employment data releases, and speeches from Federal Reserve officials. Any unexpected economic data or policy hints in these communications can cause rapid re-pricing of contracts on Polymarket, especially in the days leading up to the decision. Market participants will also watch global central bank actions for broader context.