SimpleFunctions

↓ 2.0% · What will Fed Rate hit before 2027

↓ 2.0% is priced at 5¢ on Polymarket. Current book: 2¢ bid, 7¢ ask, 5¢ spread. This outcome ranks #7 of 16 inside What will Fed Rate hit before 2027?.

Price history

5¢ current

1¢
0¢10¢
May 7, 2026May 29, 2026

Contract brief

The FED interest rates are defined in this market by the lower or the upper bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to “Yes” if the lower or the upper bound of the target federal funds rate reaches the specified level at any point by December 31, 2026, 12:59 PM ET. Otherwise, this market will resolve to “No.” Emergency rate cuts and hikes outside the regularly scheduled meetings will be considered. The resolution source for this market is the official website of the Federal Reserve at: https://www.federalreserve.gov/monetarypolicy/openmarket.htm. This market may resolve as soon as the relevant data showing the reached level is published.

Outcome

↓ 2.0%

Rank

#7 of 16

Leader

↓ 3.25% 26¢

Range

3¢-26¢

Family volume

$1.5M

Identifier

0xbfc96144...f99f

Jun 7, 2026, 1:08 AM UTC · 6m ago

Implied probability

5¢
Latest venue quote
Jun 7, 2026, 1:08 AM UTC · 6m ago

Bid

Ask

Spread

Reported volume

$18K

Family rank

#7 of 16

16 outcomes · What will Fed Rate hit before 2027?

Closes

Dec 31, 2026

Family volume

$1.5M

Orderbook snapshot

2 / 7¢

Polymarket
5¢ spread
BidSize
100¢500
2¢997
2¢200
2¢45
0¢32K
0¢336
AskSize
7¢6
7¢6
7¢6
7¢6
7¢6
7¢9
7¢6
8¢400

Contract terms

What resolves this market.

YES condition

The FED interest rates are defined in this market by the lower or the upper bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to “Yes” if the lower or the upper bound of the target federal funds rate reaches the specified level at any point by December 31, 2026, 12:59 PM ET. Otherwise, this market will resolve to “No.” Emergency rate cuts and hikes outside the regularly scheduled meetings will be considered. The resolution source for this market is the official website of the Federal Reserve at: https://www.federalreserve.gov/monetarypolicy/openmarket.htm. This market may resolve as soon as the relevant data showing the reached level is published.

Venue

Polymarket

Closes

Dec 31, 2026

Identifier

0xbfc96144…f99f

SF Signal
SF Index
1675.50
Regime
neutral

Event family

What will Fed Rate hit before 2027.

The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.

Total volume

$1.5M

Outcomes

16

Highest price

↓ 3.25% 26¢

Current share

1%

OutcomePriceVolume24hDepth

↓ 3.25%

polymarket · 0x70d8f4e6079e98fd9a34a8f6ce00a7dd3a73a924c9d9fab0664d516f38c6f280

26¢
$74K$15

↑ 4.25%

polymarket · 0x69f7294fab44b1a63575fcdff9b683d3c48a7f92a160aa274af8e2837a356e63

15¢
$32K$1K

↓ 3.0%

polymarket · 0xdab002228af15d1cb3a161b3a584165eac9010d4419582c3c7d5d07d847c4256

14¢
$268K$185

↑ 4.5%

polymarket · 0x4f330fc689830668acf7d6e6e24dcd7450dc0387855f63aecbfac64b6d458650

8¢
$17K$715

↑ 4.75%

polymarket · 0x784b640e50d8db8ff5b36904fe9ecd1b3a261f4d3a0cd20adcfb7156e066ca78

6¢
$78K$0

↓ 1.5%

polymarket · 0xe8a621e745e7f05a582102109b45bb0fb23ce5d90848d977f75172eca041d448

6¢
$27K$1

↓ 2.75%

polymarket · 0x2bb4294142c311763ca6be27ceffcef132f5ac8281f98a62abe02f6e6a8c0107

5¢
$325K$901

↓ 2.5%

polymarket · 0xaa6145fb75147c5dda9bda894ed80353b14f23149b285893dd41e1edc8c0d4c2

5¢
$197K$80

↓ 0.25%

polymarket · 0x8be4f92d8396e675e220e15c1ca5bca527bc22dba01d586e2118096c1fe8a4a3

5¢
$125K$22

↓ 0.5%

polymarket · 0x4e15f0f425d28b87024ba9f19504e074da257e3d231d3222618a67c5c0f600ba

5¢
$101K$0

↓ 2.25%

polymarket · 0x0bbbcca922e19937c88530c715742a6c4c5d951e3e91e2c37d3053ed6e820c81

5¢
$32K$0

↓ 2.0%

polymarket · 0xbfc96144ac92b856a86dfde02939ccb9ec4bd997c424aa2f68b35dce0651f99f

5¢
$18K$0

↓ 0%

polymarket · 0x3983cda71404c649fd93c5efb200b83835bd67feb4593deab909417c93be5b5d

5¢
$15K$0

↑ 5.0%

polymarket · 0x0a95717208bdb1c1167877eb5b19085494f68ed9b074d8dfc7d76b549fcbe7bb

5¢
$14K$46

↑ 5.5%

polymarket · 0x360247ba6b67009d19be741be7187abd59c5005e14be0914eb4e485f3b342c40

4¢
$48K$720.0

↑ 5.25%

polymarket · 0x728246cda497e10289a7145245675e2baece6561ba784760b0914108e6e42c04

3¢
$142K$16

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

3351.0%

IY (No)

9.3%

Adj IY

1676%

CRI

19

Overround

0.4%

Regime

neutral

Score

0.5

Observability

high

Event type

data_release

Full indicator table

3351.0%
9.3%
Adj IY
1676%
19
Overround
0.4%

Odds pages

Related prediction questions

Browse odds

Related readings

Matched from SimpleFunctions blog, opinions, technical guides, concepts, and learn pages.

Browse library
Blogmacro

Fed Rate Cuts 2026: What $200M in Prediction Market Volume Is Telling Us

Fed rate prediction market analysis for 2026. Meeting-by-meeting probabilities, comparison with CME futures, cross-market signals, tail risk pricing, and historical accuracy.

Blogmacro

Federal Reserve Interest Rates 2026: What Inflation Prediction Markets Are Really Pricing In

Deep‑dive on Federal Reserve interest rates in 2026: SEP projections, inflation and unemployment paths, QT endgame, global central bank context, and what prediction markets are pricing for Fed cuts, inflation, and recession—plus actionable trading setups.

Blogmacro

US Recession 2025? What 1% Prediction Market Odds Get Right—and Wrong—About the Cycle

Prediction markets put 2025 US recession odds near 1%, while yield curves, economic indicators, and institutional forecasts point to much higher risk. This deep dive compares market pricing to historical base rates, Federal Reserve policy, and forecasting models to see if investors are underpricing recession risk.

Blogmarkets

Kalshi vs Polymarket: Which Prediction Market Should You Trade?

In-depth comparison of Kalshi and Polymarket for prediction market traders. Regulatory structure, liquidity, fees, API tooling, and cross-venue trading with SimpleFunctions.

Technicalguide

Kalshi vs Polymarket: A Developer's Comparison of APIs, Orderbooks, and Liquidity

Data-driven comparison of Kalshi and Polymarket APIs, orderbooks, rate limits, and liquidity. Code examples for building on both prediction markets.

Opinioncomparison

Kalshi vs Polymarket: Mechanics, Fees, Regulation, Liquidity (2026)

Side-by-side comparison of Kalshi and Polymarket in 2026. Fee math, calibration data, withdrawal speed, and a decision tree for picking the right venue.

SimpleFunctions context

Index, screen, query, and monitor.

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.