SimpleFunctions

Will there be no change in Fed interest rates after the July 2026 meeting

Will there be no change in Fed interest rates after the July 2026 meeting is priced at 96¢ on Polymarket. Current book: 96¢ bid, 96¢ ask, 0¢ spread. This page tracks a standalone prediction-market contract.

Price history

96¢ current

+2¢
70¢80¢90¢100¢
Jun 16, 2026Jun 18, 2026

Contract brief

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 July 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 July 28-29, 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 July 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.

Outcome

Will there be no change in Fed interest rates after the July 2026 meeting

Rank

Standalone

Leader

Range

Family volume

$19.1M

Identifier

0x8bf1c153...ef86

Jul 16, 2026, 7:12 AM UTC · 0m ago

Implied probability

96¢
Latest venue quote
Jul 16, 2026, 7:12 AM UTC · 0m ago

Bid

96¢

Ask

96¢

Spread

24h volume

$1.2M

Family rank

Standalone

Standalone contract

Closes

Jul 29, 2026

Family volume

$19.1M

Orderbook snapshot

96 / 96¢

Polymarket
0¢ spread
BidSize
96¢63K
96¢28K
96¢3.9K
96¢7.4K
96¢909
96¢20K
95¢30K
95¢30K
AskSize
96¢1.3K
96¢4.0K
96¢30
96¢4.0K
97¢200
97¢200
97¢1.7K
97¢107K

Contract terms

What resolves this market.

YES condition

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 July 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 July 28-29, 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 July 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.

Venue

Polymarket

Closes

Jul 29, 2026

Identifier

0x8bf1c153…ef86

SF Signal
Regime
neutral

Event family

This market.

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

Total volume

$19.1M

Outcomes

1

Highest price

Will there be no change in Fed interest rates after the July 2026 meeting 96¢

Current share

100%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.568

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.