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Fed rate hike by 2026?

How the prediction-market book is pricing "Fed rate hike by 2026?" right now, with a side-by-side platform comparison and zero-fee CTAs.

October Meeting 43% September Meeting 30% July Meeting 9% April Meeting 0% Volume: $617K Liquidity: $212K Closes: 29 Oct 2026
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Fed rate hike by 2026?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Polymarket Scam?) Pick
polygram.ink (preferred broker)
43% 57% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Place a position →
Polymarket (direct)
polymarket.com
43% 57% 0% Geo-blocked in US/UK/EU USDC, on-chain Place a position →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Place a position →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Place a position →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Place a position →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
October Meeting43%
September Meeting30%
July Meeting9%
April Meeting0%
June Meeting0%

Market context

The Fed rate hike by 2026? prediction market currently prices this outcome at 43% YES. This market will resolve to “Yes” if the upper bound of the target federal funds rate is increased at any point between December 16, 2025 and the completion of the listed Federal Open Market Committee…

Methodology

We track Fed rate hike by 2026? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.

Resolution & payout

Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.

Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.

FAQ

How does resolution work?
Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
What's the difference between YES and NO shares?
A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
What does Polymarket cost to trade?
Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
How fast are USDC deposits?
Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
How reliable are the quoted odds?
The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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Related Topics

Federal Reserve Prediction Markets Inflation Prediction Markets