Fed rate cut by September 2026 meeting?
Probability
12¢
1h
+0.0pp
24h
-2.3pp
24h Vol
$2.8K
Liquidity
$17.8K
Canonical status
confidence: highSource status (Polymarket)
Derived status (Orrery)
Reason
Active market, expiry beyond the near-expiry window.
Resolution & Risk
LOW risk- End date
- Jun 17, 2026
- UMA status
- n/a
- Resolution source
- PrimaryFederal ReserveTypeOfficial government sourceConfidenceextracted · high
- Market type
- Binary
- No obvious resolution-risk signals in metadata.
Probability (last 7 days)
-9.0pp 7dWhy did it move?
Structured · 2 factors- 01Price move
Down 2pp over 24h
Now 12¢; flat in the last hour.
- 02Liquidity
Thin liquidity
Only $17.8k of visible book — small orders can move the line. Treat the probability as a soft estimate.
What to track next
- Set an alert at the next ±5pp probability move so you find out before the next leg.
- Add to your watchlist — Home will show probability deltas since your last visit.
- Compare against sibling markets in the same event below — divergent pricing across related contracts is the cleanest tell.
Verification actions only — never trade recommendations.
Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.
Resolution & Risk
LOW risk- End date
- Jun 17, 2026
- UMA status
- n/a
- Resolution source
- PrimaryFederal ReserveTypeOfficial government sourceConfidenceextracted · high
- Market type
- Binary
- No obvious resolution-risk signals in metadata.
Timeline
critical · price · trade flowCritical
- Jun 17, 00:00 UTCScheduled resolutionLOW
Market resolves in 712.9h
Price movement
-2.3pp over the last 24h, now 12¢.
Biggest hourly move: -8.8pp at May 14, 04:00 UTC (to 13¢).
Show top 8 of 28 hourly moves
- May 15, 15:00 UTC · -5.0pp → 15¢
- May 14, 13:00 UTC · +6.4pp → 16¢
- May 14, 12:00 UTC · +6.1pp → 16¢
- May 14, 11:00 UTC · +5.8pp → 16¢
- May 14, 08:00 UTC · -8.8pp → 13¢
- May 14, 06:00 UTC · -8.8pp → 13¢
- May 14, 05:00 UTC · -8.7pp → 13¢
- May 14, 04:00 UTC · -8.8pp → 13¢
Recent Trades
No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.
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Market Description
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 September 2026, currently scheduled for September 15-16. Otherwise, this market will resolve to “No”. If no September meeting takes place by October 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.
Why this category?
confidence: highCategory
Source
Matched term
fedReason
Question text contains the high-signal keyword "fed" — matched the Macro rule.
Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.
FAQ — questions readers actually ask
What is the current Polymarket probability for "Fed rate cut by September 2026 meeting?"?
As of Mon, 18 May 2026 07:04:47 GMT, YES is priced at 12% implied probability on Polymarket. The price changed -2.3pp in the last 24 hours, +0.0pp in the last hour, and -9.0pp in the last 7 days.
When does this market resolve?
This market resolves by Jun 17, 2026 (2026-06-17T00:00:00.000Z). Resolution is determined from the market description on Polymarket.
What source determines the outcome?
Resolution is sourced from the market description on Polymarket. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.
How much is being traded on this market?
$2.8K of trading volume in the last 24 hours. Lifetime volume on Polymarket: $95.8K. Open liquidity in the YES/NO orderbooks: $17.8K. Spread between best bid and best ask: 0.1¢.
Is this a trade recommendation?
No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.
How fresh is this data and where does it come from?
This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.
Alerts
In-app banners fire as soon as a rule is satisfied. Email digests are wired to a server-side cron and continue while your tabs are closed. Telegram and Discord are planned — every existing rule will keep working as channels light up.
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