TOTAL VOLUME:
$124b
24H VOL:
$82,345,145
24H TRANSACTIONS:
2,121,338,658
OPEN INTEREST:
$1,285,568,173
364,467
Markets across
33,191
events
MATCHED EVENTS:
3,073
PLATFORM COVERAGE:
5
Polymarket:
41%
VS.
Kalshi:
59%
$
This market tracks the probability of a Federal Reserve rate hike by the October 2026 FOMC meeting, aggregating views from Kalshi, Predict, and Polymarket. Currently, the consensus probability of a rate hike by that meeting is 65.0%. A secondary outcome, a rate hike by the September 2026 meeting, is priced at 53.5%. Resolution will be determined by the Official Federal Reserve website (https://www.federalreserve.gov/monetarypolicy/openmarket.htm) or consensus of credible reporting. Market participants should watch the December 16, 2025, FOMC meeting as the starting point for potential rate adjustments considered in this market.
This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between December 16, 2025 and the completion of the listed Federal Open Market Committee (FOMC) meeting (inclusive of any rate hike announced as a result of the listed meeting). Otherwise, this market will resolve to “No”. If the listed meeting does not take place within 7 calendar days (ET) of its scheduled end date, 11:59 PM ET, and no qualifying rate cut has been announced, this market will resolve to "No". Emergency rate hikes 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.
If the Secured Overnight Financing Rate (SOFR) for August 19, 2026 is above 3.65%, then the market resolves to Yes.
This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between December 16, 2025 and the completion of the listed Federal Open Market Committee (FOMC) meeting (inclusive of any rate hike announced as a result of the listed meeting). Otherwise, this market will resolve to “No”. If the listed meeting does not take place within 7 calendar days (ET) of its scheduled end date, 11:59 PM ET, and no qualifying rate cut has been announced, this market will resolve to "No". Emergency rate hikes 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.
On Polymarket, this market currently implies a 67.0% probability of a rate hike, reflecting trader sentiment. That view can diverge from traditional analyst forecasts, which may assign higher or lower odds based on economic models, recent data releases, and forward-looking statements from Fed officials. Comparing both sources offers a balanced perspective on market and institutional expectations.
This market resolves around Dec 9, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Traders will watch official Fed announcements and economic data releases to gauge the direction of monetary policy, as these factors directly influence the probability of a rate move.
Key signals include Federal Open Market Committee statements, employment reports, inflation data, and broader economic indicators released before Dec 9, 2026. Unexpected policy shifts or global economic events may also sway expectations. As the resolution date approaches, trader focus will intensify on any data suggesting a shift in monetary policy direction. These inputs collectively drive updates to the probability outlook, shaping how this market evolves until it settles.