Sep 17, 2026
Probability rose from 88.5% to 100.0% — a 11.5-point move over the past day.
Around this time: Fed raises rates by 25 basis points in first hike since July 2023 — CoinDesk
Fed Rate Hike by October 2026 Meeting: Odds & Probability
Markets are pricing a 100.0% chance that the Federal Reserve raises its target federal funds rate by the conclusion of its October 2026 meeting, making a hike near-certain over the period. This market opens for resolution from December 16, 2025.
100.0%
Fed Rate Hike by October 2026 Meeting?
Updated · Volume $3.9M
Market opened recently — probability history is accumulating.
| Outcome | Probability | 24h |
|---|---|---|
| Fed Rate Hike by October 2026 Meeting? | 100.0% | — |
| Fed Rate Hike by September 2026 Meeting? | 100.0% | — |
| Fed Rate Hike by July 2026 Meeting? | 0.0% | — |
| Fed Rate Hike by June 2026 Meeting? | 0.0% | — |
| Fed Rate Hike by April 2026 Meeting? | 0.0% | — |
The October meeting—the headline contract—is favored, and probabilities decline for earlier meetings. A hike by September is near-certain at 100.0%, while a July hike is effectively ruled out at 0.0%.
Context
Sep 17, 2026
Probability rose from 92.0% to 100.0% — a 8.0-point move over the past day.
Around this time: Fed raises rates by 25 basis points in first hike since July 2023 — CoinDesk
Sep 16, 2026
Probability rose from 89.0% to 100.0% — a 11.0-point move over the past day.
Around this time: Fed raises rates by 25 basis points in first hike since July 2023 — CoinDesk
Sep 16, 2026
Probability rose from 91.5% to 100.0% — a 8.5-point move over the past day.
Around this time: Fed raises rates by 25 basis points in first hike since July 2023 — CoinDesk
Sep 14, 2026
Probability rose from 77.5% to 88.0% — a 10.5-point move over the past day.
Around this time: Fed rate hike is about Wall Street, not inflation, says economist — CoinDesk
Show earlier updates
Sep 12, 2026
Probability rose from 75.5% to 81.5% — a 6.0-point move over the past day.
Around this time: With Fed rate hike all but assured, here's how markets might react — CoinDesk
Sep 11, 2026
Probability rose from 64.5% to 75.5% — a 11.0-point move over the past day.
Sep 5, 2026
Probability rose from 54.5% to 61.5% — a 7.0-point move over the past day.
Sep 4, 2026
Probability fell from 64.5% to 54.5% — a 10.0-point move over the past day.
Sep 3, 2026
Probability fell from 65.5% to 59.0% — a 6.5-point move over the past day.
This contract tracks whether the upper bound of the target federal funds rate is increased at any point between December 16, 2025 and the completion of the Federal Open Market Committee meeting scheduled for October 2026. Any rate hike announced as a result of that meeting qualifies, as do emergency moves made between meetings. The primary resolution source is the Federal Reserve’s official website, with credible media reports serving as a fallback. Traders currently price a 100.0% probability of a hike, placing this outcome near-certain. Total volume has reached $3.9M. The market’s resolution window begins on December 16, 2025, and any rate increase before the October meeting’s conclusion triggers a Yes. If the October meeting does not take place within seven calendar days of its scheduled end date and no qualifying hike has occurred, the market resolves to No by default.
FAQ
What does this market predict?
It predicts whether the upper bound of the target federal funds rate will be increased between December 16, 2025 and the conclusion of the October 2026 FOMC meeting.
How is the market resolved?
It resolves to Yes if a rate hike occurs within the qualifying window, including any emergency moves. Otherwise, it resolves to No. If the October meeting does not take place within seven days of its scheduled end date and no hike has occurred, it resolves to No.
What counts as a qualifying rate hike?
Any increase in the upper bound of the target federal funds rate, announced by the Federal Reserve, qualifies. This includes hikes resulting from scheduled FOMC meetings or emergency actions.
When does the qualifying period begin?
The period starts on December 16, 2025, and ends at the completion of the October 2026 FOMC meeting.
What if the October 2026 meeting is delayed or canceled?
If the meeting does not occur within seven calendar days of its scheduled end date and no qualifying hike has been announced by then, the market automatically resolves to No.
Data: Polymarket · Methodology · Not financial advice