Calendar year 2026
Fed: rate cuts in 2026
How many Fed rate cuts in 2026?
Source observation
Choose a scenario
Scenarios describe different outcomes, not a forecast for a single policy meeting.
Scenario comparison
Select a bar to inspect the contract history.
Each bar is a separate contract. < and > indicate a bound, not an exact observation.
0 (0 bps)
- Contract volume · 24h
- 25,410 USD
- Yes bid/ask spread
- 0.1 pp
- Metadata end time
- 01 Jan 2027, 04:59 UTC
How has the price changed?
Yes price history · 0–100% scale
- Change over shown period
- +7.8 pp
- Sample min. / max.
- 88.6% / 97.5%
- Source observations
- 717No gap filling
Source: Polymarket CLOB, hourly sampling. Missing intervals remain gaps. History and the current price can have different observation times. Retrieved: 01 Oct 2026, 20:08 UTC.
Change in implied Yes
Percentage points · separate source windows
— means unavailable. Windows overlap; changes must not be added.
How far apart are quotes?
Best Yes bid and ask
Spread 0.1 pp
A wider spread means a larger gap between quotes. The highlighted interval is not a confidence interval.
Economic context and limitations
This event describes rate-cut scenarios in units of 25 basis points. It answers a different question from a forecast for one policy meeting. Changes in these scenarios can complement analysis of bonds, the dollar and financing costs, but do not determine any asset's future price.
Zero cuts does not mean unchanged rates: increases are also possible. A 25 bp unit need not equal one policy meeting. The contract rules define the counting method. A limited fallback snapshot may cover only some scenarios; separate contract prices need not sum to exactly 100%.
Data table and exact values (13)
| Scenario / deadline | Implied Yes | Contract volume | 24h change |
|---|---|---|---|
96.8% | 8,709,734 USD | +0.2 pp | |
1.8% | 3,438,345 USD | +0.2 pp | |
1% | 3,359,046 USD | +0.4 pp | |
0.4% | 2,944,694 USD | +0.05 pp | |
0.3% | 2,742,508 USD | +0.1 pp | |
0.1% | 3,002,962 USD | -0.05 pp | |
<0.1% | 4,225,100 USD | — | |
<0.1% | 3,526,890 USD | — | |
<0.1% | 3,296,969 USD | — | |
<0.1% | 4,296,814 USD | — | |
<0.1% | 4,957,184 USD | — | |
<0.1% | 5,272,154 USD | — | |
<0.1% | 3,981,249 USD | — |
The implied price comes from outcomePrices for Yes, displayed to at most one decimal place.
Contract details, dates and source
SELECTED CONTRACT DETAILS
0 (0 bps)
- Change · 24h
- +0.2 pp
- Change · 7 days
- -0.2 pp
- Change · 30 days
- +7.8 pp
- Volume · 24h
- 25,410 USD
- Contract liquidity
- 609,513 USD
- Yes spread
- 0.1 pp
Best bid / ask: 96.7 / 96.8 ¢. These are quoted prices, not a probability confidence interval.
