Live Odds · Updated October 24, 2026

Fed rate cut by...?

As of October 24, 2026, 06:29 PM ET, Polymarket traders price July 2027 Meeting at 50.0% in Fed rate cut by...? — $3.81M traded so far.

Last updated October 24, 2026, 06:19 PM ET with live prices from Polymarket. 24h volume: $1.6K.
Leading outcome
July 2027 Meeting
50%
A 50.0% price implies roughly a 50-in-100 chance, set by traders risking real money.
24H +0.5 pts7D −1.0 pts30D +1.5 pts
July 2027 Meeting50.0%
April 2027 Meeting31.0%
Bid
20¢
Ask
80¢
Spread
60¢
Trade on Polymarket →
Range since September 16, 2026: 43.5% – 59.5% · Opened at 50.5%

Market facts

Event data
Event
Fed rate cut by...?
Category
Fed, Fed Rates, Finance, Economy, Economic Policy, Kevin Warsh
Scheduled end
January 28, 2028, 11:59 PM ET
Total volume
$3.81M
Volume (24h)
$1.6K
Liquidity
$174.5K
Markets
7
Leading outcome
July 2027 Meeting — 50.0%
Resolution source
https://www.federalreserve.gov/monetarypolicy/openmarket.htm

What is the current price?

Momentum & history

The leading outcome, July 2027 Meeting, is priced at 50.0%.

Price changes for the leading market — 24 hours: +0.5 pts; past week: -1.0 pts; past month: +1.5 pts.

Since September 16, 2026, July 2027 Meeting has traded between 43.5% and 59.5%. It opened at 50.5% and last traded at 50.0%.

DayClose
Oct 17, 202651.0%
Oct 18, 202651.0%
Oct 19, 202650.0%
Oct 20, 202649.5%
Oct 22, 202651.0%
Oct 23, 202650.5%
Oct 24, 202650.0%

Who is favored to win?

Outcomes

July 2027 Meeting is favored at 50.0%.

OutcomePriceImplied probability24h changeVolumeVolume share
July 2027 Meeting50¢50.0%+0.5 pts$1270.0%
April 2027 Meeting31¢31.0%+2.0 pts$510.0%
June 2027 Meeting28¢28.5%+0.5 pts$270.0%
March 2027 Meeting14¢13.5%+0.5 pts$2.2K0.1%
January 2027 Meeting10¢9.9%+3.4 pts$7.6K0.2%
December 2026 Meeting3¢3.1%-0.2 pts$424.7K11.1%
October 2026 Meeting0¢0.2%-0.2 pts$236.3K6.2%

See the full live book for this market on Polymarket

The leading market's spread is 60¢ (bid 20¢ / ask 80¢) — a tighter spread means cheaper round-trip trading.

How much has been traded?

Volume

$3.81M has been traded on this event in total, $1.6K of it in the last 24 hours, across 7 markets.

When does this market resolve?

Rules

This market is scheduled to end January 28, 2028, 11:59 PM ET.

This market will resolve to “Yes” if the upper bound of the target federal funds rate is decreased at any point between December 16, 2025 and the completion of the Federal Open Market Committee (FOMC) meeting for July 2027, currently scheduled for July 27 to 28. Otherwise, this market will resolve to “No”. If no July meeting takes place by August 7, 2027, 11:59 PM ET, and no qualifying rate cut has been announced, this market will resolve to "No". Emergency rate cuts will qualify. The primary resolution source for this market will be the official website of the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm), however a consensus of credible reporting may also be used.

Resolution source: https://www.federalreserve.gov/monetarypolicy/openmarket.htm

What do the biggest traders hold?

Top holders

The largest current holder of the leading market holds 100 shares of Yes.

HolderOutcome heldSharesValue at current price
Innocent-ScowYes100$50
Belated-GlueNo59$30
Nice-PerennialNo34$17
Clueless-Dugout-TomtomNo6$3
Spry-CausewayYes1$1
0x3c5c22d1…No1$1

What are the latest trades?

Tape
SELL No — $632 at 97.6%SELL No — $527 at 97.3%BUY No — $450 at 94.0%
TimeOutcomeSidePriceSize
Oct 24, 05:01 PM ETYesBUY0.3%$1
Oct 24, 12:05 PM ETNoBUY99.8%$13
Oct 24, 12:05 PM ETNoBUY99.8%$15
Oct 24, 12:03 PM ETNoBUY99.8%$19
Oct 24, 12:03 PM ETNoBUY99.8%$15
Oct 24, 12:02 PM ETNoBUY99.8%$15
Oct 24, 12:02 PM ETNoBUY99.8%$15
Oct 24, 12:01 PM ETNoBUY99.8%$14
Oct 24, 12:00 PM ETNoBUY99.8%$15
Oct 24, 12:00 PM ETNoBUY99.8%$14

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Frequently asked questions

FAQ

What are the odds of Fed rate cut by...??

As of October 24, 2026, 06:19 PM ET, the leading outcome is July 2027 Meeting at 50.0%. Next is April 2027 Meeting at 31.0%. See the live book on Polymarket: https://polymarket.com/event/fed-rate-cut-by-629?via=bro

How much money has been traded on Fed rate cut by...??

$3.81M in total volume, with $1.6K traded in the last 24 hours across 7 markets.

When does Fed rate cut by...? end?

The market is scheduled to end January 28, 2028, 11:59 PM ET. It resolves based on https://www.federalreserve.gov/monetarypolicy/openmarket.htm.

What is the most likely outcome of Fed rate cut by...?, according to Polymarket traders?

July 2027 Meeting, priced at 50.0% as of October 24, 2026, 06:19 PM ET. Prices are implied probabilities backed by real-money trading.

Browse the live odds index, today's biggest movers, and Whale Watch for the largest positions.

⚠️ Not financial advice: odds swing hard on news. Never bet money you can't afford to lose, and always read a market's resolution rules before trading.

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