Economics · 1 Market

US Fed Rate Cuts in 2026

Markets on How Many Fed Rate Cuts In across listed aggregate markets. Live odds, volume, chart, and key terms below.

Markets

1

Platforms

1

Closes

Jan 01, 2027, 00:00 UTC

Last updated

Nov 02, 2026, 12:30 UTC

Quotes refresh on a bounded schedule. Contract terms update only when non-price rules change. Compare source time vs PMI observed time before acting.

01 / Markets

Available Markets

RaceActiveFresh

How many Fed rate cuts in 2026?

Polymarket · 13 Selections

Leading 0 (0 bps) 97.2¢Polymarket

Closes Jan 01, 2027, 00:00 UTC13 listings

02 / Updates

Latest Updates

Federal Reserve · Sep 16, 2026, 18:00 UTC

September SEP: median funds rate held at 4.1% through 2027; no cut until 2028 (3.9%)

The FOMC’s Sept. 16 Summary of Economic Projections puts the median appropriate federal funds rate at 4.1% for both end-2026 and end-2027, then 3.9% in 2028 and 3.6% in 2029 (longer-run 3.2%). That is a sharp hawkish revision from June’s medians of 3.8% (2026) and 3.6% (2027). After the September hike to 3.75%–4%, the median path implies no easing in 2026 or 2027.

For any 2026 cut contract, the Committee’s median now shows zero cuts this year and next — the first median cut does not appear until 2028 — directly undercutting near-term cut odds after the September tightening.

Open source

Earlier · 3 notes

03 / Topic

Topic Brief

This market counts how many times the Fed cuts the funds rate in 2026. Zero cuts is its own selection. It is not the same as the September meeting. A hike does not count as a cut. A hold all year is 0. Watch the SEP dots, inflation prints, and whether the labor market actually weakens. The year only finishes after the December meeting.