PolymarketMacro / FedDevelopingUpdated 7m ago

Will there be no change in Fed interest rates after the October 2026 meeting?

As of Oct 27, 2026, 2:31 AM ET, Polymarket priced this market at 93.8% (down from 94.5% 24 hours earlier). It had $3.6M traded in the past 24 hours, $1.2M of order-book liquidity and a bid-ask spread of 0.1 pts. probcast.co rates the support behind this price as strong.

Market probability
93.8%
−0.7 percentage points
over 24 hours94.5% → 93.8%
Resolving soon

Deep, easy-to-trade market, traded by a small group of accounts.

Price historyPolymarketKalshi

Source: Polymarket price history · Kalshi price history

How credible was the move?

Methodology →

Move validity

Strong

Consensus stability

Stable

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

DeepTight spread

Order-book liquidity

$1.2M

Bid-ask spread

0.1 pts

24h volume

$3.6M

Total volume

$24M

It would take roughly $894.1K of buying to move the price up by ~5 pts.

Lots of money on the book and a tight spread — a single ordinary order can't move this price much.

Who's trading

Whose opinion is this price?

A few accounts
38%of the traded money came from the single largest account

Accounts

115

Trades

200

over 4h

Largest order

$52.3K

$151.4K traded across these 200 trades (last 4h).

A small group of accounts did most of the trading — neither one whale nor a broad crowd.

Recent trade activity$151.4K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal funds range are made by the Federal Open Market Committee (FOMC) meetings.

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

The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal funds range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to the amount of basis points the upper bound of the target federal funds rate is changed by versus the level it was prior to the Federal Reserve's October 2026 meeting. If the target federal funds rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps) The resolution source for this market is the FOMC’s statement after its meeting scheduled for October 27-28, 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. This market may resolve as soon as the FOMC’s statement for their October meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.

Resolution source: federalreserve.gov

What could move this market next?

  • The scheduled event takes placeOctober 28, 2026 at 11:59 PM ET

    The contract resolves on the event's outcome.

  • Confirmation at the resolution source (federalreserve.gov)

    The rules name this source as the basis for settlement.

Derived from the contract's own mechanics as of Oct 27, 2:38 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: high · expected error ±5 pts.

Quote-drivenLegacy movement classifier: watch

What's happening

high classifier confidence
Quote-driven

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 dependable read of consensus.

More details — reliability score, dynamics, durability
Reliability score
80High
Where the price path tends to go next368 observed
  • Stable consensus97%
  • Trend continuation1%
  • Choppy / mean-reverting1%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~17h
PredictabilityStable

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.

Change (pts)1H+0.16H+0.424H-0.77D-0.7

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