Economics · 1 Market

Fed Rate Hike in 2026?

The Federal Reserve’s 2026 interest-rate decision concerns whether the upper bound of the target federal funds rate changes during the year. The supplied market focuses specifically on whether that upper bound is increased before the Fed’s December 2026 meeting.

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1

Platforms

1

Closes

Dec 09, 2026, 00:00 UTC

Last updated

Sep 16, 2026, 20:00 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

BinaryActiveStale

Fed rate hike in 2026?

Polymarket

Yes 99.9¢Bid

Closes Dec 09, 2026, 00:00 UTC24h volume 344K shares

02 / Updates

Latest Updates

CNBC · Oct 14, 2026, 12:31 UTC

Hot September CPI (3.7% headline, core 0.3% m/m) sends October Fed hike odds to about 54% ahead of the Oct. 27–28 meeting

Consumer prices rose 0.6% in September and 3.7% from a year earlier, up from 3.4% in August, the Bureau of Labor Statistics reported Oct. 14. Core CPI, which excludes food and energy, rose 0.3% on the month and 2.6% on the year, above the 0.2% and 2.5% economists expected. Gasoline jumped 9.1% and made up about half of the monthly gain, but shelter, used vehicles and apparel also rose. After the release, CME FedWatch put the odds of a hike at the Oct. 27–28 FOMC meeting at about 54%. It also priced better than 96% odds of a hike by year-end and a near 50-50 chance of a half-point of tightening by December. This is the last CPI report before the meeting.

The Fed hiked to 3.75%–4% in September, and early-October pricing had pushed back the next move to December. A hotter core print reopens October as a live meeting and points to more than one hike before year-end. Watch the September PPI on Oct. 15, Fed Chair Warsh’s remarks this week, and September PCE later this month.

Open source

Earlier · 5 notes

03 / Topic

Topic Brief

The Federal Reserve’s 2026 interest-rate decision centers on the direction of the upper bound of the target federal funds rate. The supplied market focuses on whether that upper bound is increased at any point during the defined 2026 window. The relevant period begins January 1, 2026 and runs through the Fed’s December 2026 meeting, which is currently scheduled for December 8–9, 2026. The market’s outcome depends on the Fed’s official rate-change decision and whether the upper bound is increased during that period. The market may not resolve to No until the Fed has released its rate-change decision following the applicable meeting. For prediction-market readers, the central distinction is between the real-world policy decision and the market’s defined outcome window. A rate increase at any point in the stated period would satisfy the market’s Yes condition, while the absence of such an increase would support No once the relevant decision has been released. This makes the official Fed decision the key reference point for interpreting the topic. Markets on this topic may examine whether the target federal funds rate changes during a specified period. Exact outcome rules and resolution mechanics belong to the individual Market page.