Will no Fed rate hikes happen in 2026?
10%chance, according to the market
Backed by $11K traded in the last 24 hours — this is a price people are staking money on, not a forecast.
How the price has moved
On Sep 6 the market put this at 28%.
Sep 6now 10%
How this resolves
The rules below decide who gets paid. Read them before the price — most surprises are definitional, not predictive.
This market will resolve according to the exact amount of hikes of 25 basis points in 2026 by the Fed (including any hikes made during the December meeting).
Emergency rate hikes outside of scheduled FOMC meetings will also count toward the total number of hikes in 2026. This market will remain open until December 31, 2026, 11:59 PM ET, to account for any such emergency actions.
For example, if the Fed hikes rates by 50 bps after a meeting, it would be considered 2 hikes (of 25 bps each).
This market will resolve early to "No" if the specified number of hikes becomes impossible — i.e., if more hikes have already occurred than the strike in question.
Note that hikes between 1–24 bps (inclusive) will also be considered 1 rate hike.
The resolution source for this market will be FOMC statements after meetings scheduled in 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.
Guides
Background worth reading before you trade this.
- ANALYSISHow to hedge gold with Fed rate-hike marketsGold fell more than 2% on one payrolls print. A layered hedge on the Fed hike-count market costs about 4% of the position and covers most of a tightening shock.
- ANALYSISWhy the Fed market prices a hike after negative payrollsUS payrolls went negative in July, yet the market still prices a September hike at 30.5c against a cut at barely one. Here is what that gap measures.
- GUIDERead the resolution rules before you look at the priceMost settlement surprises are definitional, not predictive. You were right about the world and wrong about what the market counted — here's what to check before you buy.
Follow this market, or take a position, straight from Telegram.
Trade this marketPrice as of 2026-09-11 15:18 UTC · Source: Polymarket