Polymarket's 67.5% implied probability on "No" for a Fed rate hike in 2026 reflects trader consensus that upside inflation risks, while elevated, fall short of prompting monetary tightening from the current 3.50%-3.75% federal funds target range. The primary catalyst driving the 32.5% "Yes" odds is April's hotter-than-expected CPI—headline up 3.8% year-over-year and core 2.8%, fueled by a 3.8% energy surge—prompting fed funds futures to price 30-35% hike odds by year-end and turning swaps hawkish. Yet, the Fed held steady at its April 29 FOMC meeting, with March dot plot medians forecasting a modest 3.4% rate by December amid 4.4% unemployment projections. Watch May nonfarm payrolls and June 11-12 FOMC for shifts in policy expectations.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$1,078,190 Vol.
$1,078,190 Vol.
$1,078,190 Vol.
$1,078,190 Vol.
This market may not resolve to "No" until the Fed has released its rate change decision following its December meeting.
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: Dec 10, 2025, 4:09 PM ET
Resolver
0x65070BE91...This market may not resolve to "No" until the Fed has released its rate change decision following its December meeting.
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...Polymarket's 67.5% implied probability on "No" for a Fed rate hike in 2026 reflects trader consensus that upside inflation risks, while elevated, fall short of prompting monetary tightening from the current 3.50%-3.75% federal funds target range. The primary catalyst driving the 32.5% "Yes" odds is April's hotter-than-expected CPI—headline up 3.8% year-over-year and core 2.8%, fueled by a 3.8% energy surge—prompting fed funds futures to price 30-35% hike odds by year-end and turning swaps hawkish. Yet, the Fed held steady at its April 29 FOMC meeting, with March dot plot medians forecasting a modest 3.4% rate by December amid 4.4% unemployment projections. Watch May nonfarm payrolls and June 11-12 FOMC for shifts in policy expectations.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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