Fed & Rates
Will by 0.5 points or more on Jan 27?
1% say a raise of 0.5 points or more
About the same as yesterday.
Decided by the Fed’s statement after its meeting (by January 27, 2027).
Each share pays $1 if it happens, so 1¢ means about a 1% chance.
Research, not advice. Prices from Polymarket’s international site, not available in the US.
The short version
After its January 2027 meeting, the Federal Reserve announces whether it will change the interest . Yes wins if: The Fed’s statement raises the top of its by 0.5 (50 ) or more.
Possible results
YesBorrowing tends to cost more, and savings tend to pay a bit more.1%
What has to happen
The Fed’s statement raises the top of its target range by 0.5 percentage points (50 basis points) or more.
NoThe Fed decides something else.99%
What has to happen
The statement shows a different change, or none.
What the news says
The source says the Federal Open Market Committee decided to keep the federal funds rate target range at 3-3/4 to 4 percent during its October 2026 meeting.
Sources checked 1:38 AM ET
See sources (3)
- Federal Reserve · Oct 28, 2026
Federal Reserve issues FOMC statement - Federal Reserve · Oct 7, 2026
Minutes of the Federal Open Market Committee, September 15-16, 2026 - Federal Reserve · Sep 16, 2026
Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meeting
News data from GDELT. Summary written by AI from the sources listed, then checked against them.
The one trap
Polymarket rounds odd-sized changes up. If the Fed cut by 0.125%, Polymarket would count it as a 0.25% cut, but Kalshi might not.
See all fine print
- If the Fed releases no statement by the end of its next scheduled meeting, Polymarket counts it as “No change”.
