Fed rate hike in 2026?
Confirmed repricing; the market has settled at the new level.
The pricing is supported by healthy trading volume and market depth, a tight spread.
How credible was the move?
Three separate questions — a move can be genuine while the latest price is still settling. Methodology →
Move validity
Is the move backed by real trading and depth?
StrongThe pricing is supported by healthy trading volume and market depth, a tight spread.
Consensus stability
Has the market settled at the new probability?
StableThe probability has held near its current level over the past several hours.
Contract clarity
Will the rules resolve without ambiguity?
HighThe resolution rules are relatively specific, with a named source and a defined deadline.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
What this market actually measures
This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between January 1, 2026 and the Fed's December 2026 meeting, currently scheduled for December 8-9, 2026. Otherwise, this market will resolve to “No”.
This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.
View full official resolution rules
This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between January 1, 2026 and the Fed's December 2026 meeting, currently scheduled for December 8-9, 2026. Otherwise, this market will resolve to “No”. 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.
Why the odds moved
The probability fell 4.0 percentage points over the last 24 hours (49.5% → 45.5%).
No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.
What could move this market next?
- The scheduled event takes placeDecember 8, 2026 at 7:00 PM ET
The contract resolves on the event's outcome.
Derived from the contract's own mechanics as of Aug 15, 12:29 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
Advanced analysis (experimental)
Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: medium · expected error ±10 pts.
What's happening
Liquid, two-sided, and calm. The current price reads as settled consensus — the latest print is a reasonable summary of what the market believes.