Price history
Select outcomes to plot.
Description
Fed decisions (Dec–Mar) cover three FOMC meetings: December 9–10, 2025; January 27–28, 2026; and March 17–18, 2026. Outcomes hinge on whether the upper bound of the target federal funds rate moves up, down, or remains unchanged at each meeting, as stated in the FOMC post-meeting statements and the Fed’s official rate table. If any meeting reports a change that does not match the listed patterns, the market resolves to Other; emergency cuts outside scheduled meetings are excluded; March 2026 final statement must be released by April 30, 2026, 11:59 PM ET or Market resolves to Other.
Event stats
24h volume
Total volume
Liquidity
Markets
9
Market highlights
Top market
24h gainer
24h loser
Highest volume
Top market
24h gainer
24h loser
Highest volume
Related events
Markets
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| Cut–Pause–Pause | Yes | — | — | — | — | — | |
| Cut–Pause–Cut | No | — | — | — | — | — | |
| Cut–Cut–Pause | No | — | — | — | — | — | |
| Cut–Cut–Cut | No | — | — | — | — | — | |
| Pause–Pause–Pause | No | — | — | — | — | — | |
| Pause–Pause–Cut | No | — | — | — | — | — | |
| Pause–Cut–Pause | No | — | — | — | — | — | |
| Pause–Cut–Cut | No | — | — | — | — | — | |
| Other | No | — | — | — | — | — |
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 according to the decisions made by the next three Federal Open Market Committee (FOMC) meetings: December 9–10, 2025; January 27–28, 2026; and March 17-18, 2026. A qualifying cut occurs when the new upper bound of the target federal funds rate is lower compared to the level it was prior to the respective meeting. A qualifying hike occurs when the new upper bound of the target federal funds rate is higher compared to the level it was prior to the respective meeting. A qualifying pause occurs when the new upper bound of the target federal funds rate is equal to the level it was prior to the respective meeting. If the Fed publishes a different combination than any listed, this market will resolve to "Other". Any rate hike will be encompassed by "Other". Emergency rate cuts outside the regularly scheduled meetings will not be considered. The resolution source for this market is the FOMC’s statement after its meetings: 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: https://www.federalreserve.gov/monetarypolicy/openmarket.htm If no statement is released for the March 2026 meeting by April 30, 2026, 11:59 PM ET, this market will resolve to "Other".