How many Fed rate cuts in 2026?
As of Thu, 15 Oct 2026 11:27:16 UTC, Opinion traders price 6 (150 bps) (90.6%), 0 (0 bps) (71.4%), 1 (25 bps) (14.7%). The market has $343K in volume and closes on Thu, 31 Dec 2026.
Updated:
Current odds
| Outcome | Chance | Yes price | No price |
|---|---|---|---|
| 6 (150 bps) | 90.6% | 90.6¢ | 9.4¢ |
| 0 (0 bps) | 71.4% | 71.4¢ | 28.6¢ |
| 1 (25 bps) | 14.7% | 14.7¢ | 85.3¢ |
| 5 (125 bps) | 6.2% | 6.2¢ | 93.8¢ |
| 2 (50 bps) | 4.6% | 4.6¢ | 95.4¢ |
| 3 (75 bps) | 1.5% | 1.5¢ | 98.5¢ |
| 4 (100 bps) | 0.4% | 0.4¢ | 99.6¢ |
| 7 (175 bps) | 0.3% | 0.3¢ | 99.7¢ |
| 8+ (200+ bps) | 0.3% | 0.3¢ | 99.7¢ |
Prices on other venues
| Outcome | Venue | Chance | Updated |
|---|---|---|---|
| 0 (0 bps) | Polymarket | 97.0% | |
| 1 (25 bps) | Polymarket | 0.8% | |
| 2 (50 bps) | Polymarket | 0.4% | |
| 3 (75 bps) | Polymarket | 0.1% | |
| 4 (100 bps) | Polymarket | 0.3% | |
| 5 (125 bps) | Polymarket | 0.1% | |
| 6 (150 bps) | Polymarket | 0.1% | |
| 7 (175 bps) | Polymarket | 0.1% |
Market details
- Venue: Opinion
- Volume: $343K
- Liquidity: $107.0M
- Closes:
Resolution rules
This market will resolve according to the exact amount of cuts of 25 basis points in 2026 by the Fed (including any cuts made during the December meeting). Emergency rate cuts outside of scheduled FOMC meetings will also count toward the total number of cuts in 2026. This market will remain open until December 31, 2026, 11:59 PM ET, to account for any such emergency actions. For example, if the Fed cuts rates by 50 bps after a meeting, it would be considered 2 cuts (of 25 bps each). This market will resolve early to "No" if the specified number of cuts becomes impossible — i.e., if more cuts have already occurred than the strike in question. Note that cuts between 1–24 bps (inclusive) will also be considered 1 rate cut. The resolution source for this market will be FOMC statements after meetings scheduled in 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.
Sources
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