The April 2026 Consumer Price Index surged to 3.8% year-over-year—up from 3.3% in March and the highest since May 2023—driving Polymarket trader consensus toward modestly higher implied probabilities for a Federal Reserve rate hike later this year, with odds concentrating on September and October FOMC meetings around 16-17%. The Fed maintained its federal funds target range at 3.50%-3.75% through the April 28-29 policy session amid an 8-4 vote split signaling hawkish dissent, as inflation remains elevated despite cooling job gains. CME FedWatch Tool now prices roughly 37% odds of a hike before year-end, up post-CPI, while June 16-17 meeting expectations favor a hold at over 97%. Traders eye May nonfarm payrolls and upcoming inflation prints for resolution signals.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$147,977 Vol.

June Meeting
2%

July Meeting
6%

September Meeting
19%

October Meeting
28%
$147,977 Vol.

June Meeting
2%

July Meeting
6%

September Meeting
19%

October Meeting
28%
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.
Market Opened: Mar 31, 2026, 5:35 PM ET
Resolver
0x65070BE91...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.
Resolver
0x65070BE91...The April 2026 Consumer Price Index surged to 3.8% year-over-year—up from 3.3% in March and the highest since May 2023—driving Polymarket trader consensus toward modestly higher implied probabilities for a Federal Reserve rate hike later this year, with odds concentrating on September and October FOMC meetings around 16-17%. The Fed maintained its federal funds target range at 3.50%-3.75% through the April 28-29 policy session amid an 8-4 vote split signaling hawkish dissent, as inflation remains elevated despite cooling job gains. CME FedWatch Tool now prices roughly 37% odds of a hike before year-end, up post-CPI, while June 16-17 meeting expectations favor a hold at over 97%. Traders eye May nonfarm payrolls and upcoming inflation prints for resolution signals.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions