SimpleFunctions

June Meeting · Fed rate cut by

June Meeting is priced at 2¢ on Polymarket. Current book: 1¢ bid, 2¢ ask, 1¢ spread. This outcome ranks #5 of 5 inside Fed rate cut by...?.

Price history

2¢ current

8¢
0¢25¢50¢
Apr 23, 2026May 24, 2026

Contract brief

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 June 2026, currently scheduled for June 16-17. Otherwise, this market will resolve to “No”. If no June meeting takes place by July 7, 2026, 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.

Outcome

June Meeting

Rank

#5 of 5

Leader

December Meeting 28¢

Range

2¢-28¢

Family volume

$632K

Identifier

0x4d162a40...cfa4

May 24, 2026, 6:04 AM UTC · 0m ago

Implied probability

2¢
Latest venue quote
May 24, 2026, 6:04 AM UTC · 0m ago

Bid

Ask

Spread

24h volume

$14K

Family rank

#5 of 5

5 outcomes · Fed rate cut by...?

Closes

Jun 17, 2026

Family volume

$632K

Orderbook snapshot

1 / 2¢

Polymarket
1¢ spread
BidSize
100¢674
100¢1.6K
100¢4.0K
100¢456
100¢150
100¢2.0K
100¢1.3K
0¢233K
AskSize
2¢500
2¢1.6K
2¢373
2¢43
3¢390
3¢100
3¢100
3¢1.1K

Contract terms

What resolves this market.

YES condition

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 June 2026, currently scheduled for June 16-17. Otherwise, this market will resolve to “No”. If no June meeting takes place by July 7, 2026, 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.

Venue

Polymarket

Closes

Jun 17, 2026

Identifier

0x4d162a40…cfa4

SF Signal
Regime
neutral

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.5

Observability

high

Event type

data_release

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Open index

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.