Fed Decision in December?
Open5as of
Market pricing makes 25 bps increase the favorite at 49% across 5 tracked outcomes, as of .
What are the odds right now?
Each outcome shows its current market price — the market-implied probability it happens. Click an outcome for its full market page.
What moved the odds?
3 AI-matched news signals available across this event, newest first. Entry price is the called side when the news hit; the signed return marks it against the outcome’s latest price as of .
U.S. rate futures price in 28bps of Fed hikes by December, down from 32bps before the U.S. nonfarm payrolls release. (
U.S. rate futures price in 28bps of Fed hikes by December, down from 32bps before the U.S. nonfarm payrolls release. (
U.S. rate futures price in 28bps of Fed hikes by December, down from 32bps before the U.S. nonfarm payrolls release. (
What is this event about?
The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal funds range are made by the Federal Open Market Committee (FOMC) meetings.
This market will resolve to the amount of basis points the upper bound of the target federal funds rate is changed by versus the level it was prior to the Federal Reserve's December 2026 meeting.
If the target federal funds rate is changed to a level not expressed in the displayed options, the change will be rounded up to the nearest 25 and will resolve to the relevant bracket. (e.g. if there's a cut/increase of 12.5 bps it will be considered to be 25 bps)
The resolution source for this market is the FOMC’s statement after its meeting scheduled for December 8-9, 2026 according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm.
The level and change of the target federal funds rate is also published at the official website of the Federal Reserve at https://www.federalreserve.gov/monetarypolicy/openmarket.htm.
This market may resolve as soon as the FOMC’s statement for their December meeting with relevant data is issued. If no statement is released by the end date of the next scheduled meeting, this market will resolve to the "No change" bracket.