Will no Fed rate cuts happen in 2026?
No meaningful repricing — the probability is steady.
The pricing has partial support: 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?
ModerateThe pricing has partial support: 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 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 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 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.
What could move this market next?
- The market's deadline arrivesDecember 30, 2026 at 7:00 PM ET
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Sep 11, 12:36 AM 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: low · expected error ±11 pts.
What's happening
A tight, deep, quote-driven book with little executed flow. The price is stable but reflects resting quotes more than active trading.
- Tight spread on a liquid, calm market
- Deep, balanced resting book
The latest price is a usable but caveated read — weigh it with the market state.
More details — reliability score, dynamics, durability
- Choppy / mean-reverting89%
- Thin-liquidity spike4%
- Stable consensus4%
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
Secondary read: leaning toward Trading normally.
A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.
Market data
24h volume
$47.7K
Liquidity
$247.4K
Total volume
$8.2M
- Category
- Macro / Fed
- Venue
- Polymarket
- Open interest
- —
- Spread
- 0.1 pts
- Best bid
- 92.7%
- Best ask
- 92.8%
- 7-day range
- 92.7% – 93.0%
- Resolves
- Dec 30, 2026