TOTAL VOLUME:
$147.1b
24H VOL:
$117,260,785
24H TRANSACTIONS:
2,782,936,628
OPEN INTEREST:
$1,740,268,001
506,571
Markets across
37,600
events
MATCHED EVENTS:
2,852
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Time left: 05d:07h:17m
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This group forecasts the number of dissenting votes at the October 2026 Federal Open Market Committee (FOMC) meeting regarding the Fed Funds Rate decision. The markets aim to predict whether a specific number of committee members will disagree with the majority's policy stance.
The October Federal Open Market Committee (FOMC) meeting is scheduled for October 27 to 28, 2026. The policy decision will be announced at 2:00 PM Eastern Time on October 28, followed by the Fed Chair’s press conference at around 2:30 PM ET. This market will resolve according to the number of dissenting votes recorded at the October Federal Open Market Committee monetary policy meeting, specifically those dissenting on the Fed Funds Rate decision. The resolution source for this market is the FOMC’s statement after its meeting scheduled for October 27 to 28, 2026, according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. This market may resolve as soon as the FOMC’s statement for their October meeting with relevant data is issued; however, a consensus of credible reporting will also be used.
Each market resolves to Yes only if the exact number of dissenting votes at the October 28, 2026 FOMC meeting matches the specified count (0 through 5). The outcome is determined by the official FOMC statement released after the meeting, which details each participant's voting position. No partial matches or approximations are permitted—only the precise count listed in the market title will result in a payout. All markets are resolved simultaneously based on the same official data release.
Prediction market odds often reflect a different kind of intelligence than traditional analyst forecasts. Analysts may be influenced by institutional biases or public statements, while this market aggregates the wisdom of the crowd, incentivizing accurate predictions through potential financial gain. Discrepancies can arise from differing information access, analytical approaches, or simply varying levels of confidence. It’s common to see prediction markets outperform consensus analyst estimates, particularly when there’s significant uncertainty surrounding the event. Monitoring both sources provides a more comprehensive understanding of potential outcomes.
Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Price discrepancies between Polymarket and Kalshi on the Fed dissent market can occur due to several factors. Differences in user base, trading volume, and market-making activity can all contribute to varying prices. Each platform also has its own unique fee structure and liquidity profile, influencing trader behavior. Furthermore, differing interpretations of economic data and Fed communications can lead to divergent expectations reflected in the odds. These variations create arbitrage opportunities for traders seeking to profit from price inefficiencies across the two venues.
This market resolves around Oct 28, 2026, with the outcome confirmed once the official minutes from the October FOMC meeting are released and the number of dissenting votes is verifiable from credible public reporting. The resolution will reflect the actual number of policymakers who disagreed with the final policy decision. Traders will then be able to see if their predictions aligned with the official record, and payouts will be distributed accordingly. The market’s resolution is based on publicly available information, ensuring transparency and accountability.
Several signals and events could significantly impact this market. Unexpected economic data releases, such as inflation or employment figures, could shift expectations about the Fed’s stance. Public statements from Fed officials, particularly those known for hawkish or dovish views, could also influence trader sentiment. Geopolitical events or financial market volatility could introduce uncertainty and affect the perceived likelihood of dissent. Any indication of a change in the Fed’s policy outlook, or internal disagreements among policymakers, will likely cause movement in the odds.