The odds/Fed: rate path

Will 6 Fed rate cuts happen in 2026?

0%unchanged over 7 daysResolves December 31, 2026

Chance over time

22548Dec 31Mar 13May 23Aug 2Oct 13

Implied probability in %, from polymarket's price. Dashed line: 50%.

How it resolves

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.