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Fed & Rates

Will by 0.25 points on Dec 9?

79% say a raise

No price change recorded today yet.

Decided by the Fed’s statement after its meeting (by December 9, 2026).

Research, not advice. Prices from Polymarket’s international site, not available in the US.

The short version

After its December 2026 meeting, the Federal Reserve announces whether it will change the interest . It is one of 5 related markets, one for each possible decision.

Possible results

  • Any raiseBorrowing tends to cost more, and savings tend to pay a bit more.79%

    What has to happen

    Raise by 0.25 points (25 bps) (77%): The Fed’s statement raises the top of its target range by 0.25 percentage points (25 basis points).

    Raise by 0.5 points (50 bps) or more (2%): The Fed’s statement raises the top of its target range by 0.5 percentage points (50 basis points) or more.

  • No changeRates stay the same, so loan and savings rates tend to stay put.21%

    What has to happen

    The Fed’s statement keeps the top of its target range the same as before the meeting.

  • Any cutBorrowing tends to cost less, and savings tend to pay a bit less.1%

    What has to happen

    Lower by 0.25 points (25 bps) (<1%): The Fed’s statement lowers the top of its target range by 0.25 percentage points (25 basis points).

    Lower by 0.5 points (50 bps) or more (<1%): The Fed’s statement lowers the top of its target range by 0.5 percentage points (50 basis points) or more.

Each result is its own market, so the chances may not add up to exactly 100%.

Why the price is where it is

These are the Fed’s own documents from its recent meetings. They are the official background traders read. We list them without predicting the result.

The one trap

If a government shutdown delays the report, each venue handles the delay in its own way. Check the rules.

See all fine print
  • If no statement is released by the end date of the next scheduled meeting, the market settles as the "No change" bracket.
Price chart
-Yes chance

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The details

Rule note: the announcement countsSettled by .gov source: federalreserve.gov
Fine-print risk
Medium (35/100)
Announced

Pro adds the exact price, today’s change in points, buyers vs sellers in dollars, the price chart and every recorded move. See Pro

  • Official source: settlement runs on Federal Reserve Board / FOMC. No recorded moves for this market yet.
  • Fine print: A qualifying official announcement settles Yes; implementation is not required. Deadline: Wed, Dec 9, 2026 (time zone not stated). Kalshi lists contracts on many of the same releases.

Standardized read of public order book, official-source and contract-rule data, identical for every viewer. It describes the data and is not a recommendation. The venue’s published rules control settlement.

Show 3 smaller price or trading-volume entries
  • Trading picked up (about 10 times the usual hourly amount).

    4m ago

  • Trading picked up (about 12 times the usual hourly amount).

    34m ago

  • Trading picked up (about 6 times the usual hourly amount).

    1h ago

Full rules text on file (Polymarket)

The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal funds range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to the amount of basis points the upper bound of the target federal funds rate is changed by versus the level it was prior to the Federal Reserve's December 2026 meeting. If the target federal funds rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps) The resolution source for this market is the FOMC’s statement after its meeting scheduled for December 8-9, 2026 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm. This market may resolve as soon as the FOMC’s statement for their December meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.

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