Skip to main content
icon for Fed rate hike by...?
Finance·Fomc

Fed rate hike by...?

icon for Fed rate hike by...?
Finance·Fomc

Fed rate hike by...?

Oct 29

Dec 9

Oct 29

Dec 9

$148,714 Vol.

Dec 9, 2026
Polymarket

$148,714 Vol.

Polymarket
icon for June Meeting

June Meeting

$14,700 Vol.

1%

icon for July Meeting

July Meeting

$1,068 Vol.

9%

icon for September Meeting

September Meeting

$161 Vol.

16%

icon for October Meeting

October Meeting

$1,477 Vol.

28%

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.Recent hotter-than-expected inflation readings have emerged as the dominant driver shifting trader sentiment on Federal Reserve rate policy. April 2026 CPI rose 3.8% year-over-year, up from 3.3% in March, with energy prices surging 17.9% amid ongoing geopolitical pressures, pushing the market-implied probability of a 25-basis-point hike by year-end above 50% per CME FedWatch data. The Federal Open Market Committee left the federal funds target range unchanged at 3.50%-3.75% following its late-April meeting, yet the resilient consumer spending and labor market have tempered cut expectations while elevating upside inflation risks. Traders now price in the next policy move as a potential hike rather than easing, with key catalysts including the June FOMC meeting and May CPI release that could further influence the rate path.

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.
Volume
$148,714
End Date
Oct 29, 2026
Market Opened
Mar 31, 2026, 5:35 PM ET

Resolver

0x65070BE91...
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.
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.Recent hotter-than-expected inflation readings have emerged as the dominant driver shifting trader sentiment on Federal Reserve rate policy. April 2026 CPI rose 3.8% year-over-year, up from 3.3% in March, with energy prices surging 17.9% amid ongoing geopolitical pressures, pushing the market-implied probability of a 25-basis-point hike by year-end above 50% per CME FedWatch data. The Federal Open Market Committee left the federal funds target range unchanged at 3.50%-3.75% following its late-April meeting, yet the resilient consumer spending and labor market have tempered cut expectations while elevating upside inflation risks. Traders now price in the next policy move as a potential hike rather than easing, with key catalysts including the June FOMC meeting and May CPI release that could further influence the rate path.

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.
Volume
$148,714
End Date
Oct 29, 2026
Market Opened
Mar 31, 2026, 5:35 PM ET

Resolver

0x65070BE91...
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.

Related

icon for Fed rate hike in 2026?

Fed rate hike in 2026?

32%
icon for Fed rate cut by December 2026 meeting?

Fed rate cut by December 2026 meeting?

28%
icon for Will the Fed’s lower bound reach 3.25% or lower before 2027?

Will the Fed’s lower bound reach 3.25% or lower before 2027?

26%

Beware of external links.

Frequently Asked Questions

"Fed rate hike by...?" is a prediction market on Polymarket with 5 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "October Meeting" at 28%, followed by "September Meeting" at 16%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 28¢ implies that the market collectively assigns a 28% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Fed rate hike by...?" has generated $148.7K in total trading volume since the market launched on Mar 31, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Fed rate hike by...?," browse the 5 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Fed rate hike by...?" is "October Meeting" at 28%, meaning the market assigns a 28% chance to that outcome. The next closest outcome is "September Meeting" at 16%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Fed rate hike by...?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.