MacroMulti-outcomeExpires Jul 31, 2026
Creator

No change in Bank of Japan’s interest rates after the July 2026 meeting?

Probability

59¢

1h

-0.5pp

24h

+0.0pp

24h Vol

$0.00

Liquidity

$623.06

Research loop

Inspect the market

Read the move, holders, recent trades, source, and resolution risk before saving anything.

Canonical status

confidence: medium

Source status (Polymarket)

active

Derived status (Orrery)

ILLIQUID

Reason

Liquidity is below $1,000 — price discovery is unreliable.

The derived status is computed from the source flags plus the live YES price, so a market trading near a rail can read as PRICE-PINNED while upstream is still active. That isn't the same as resolved.

Resolution & Risk

LOW risk
End date
Jul 31, 2026
UMA status
n/a
Resolution source
Primary
consensus of credible reporting
Type
News consensus
Confidence
extracted · medium
Market type
Multi-outcome (neg-risk)
  • Part of a multi-outcome event (neg-risk): only one market can resolve YES.
  • Wide spread (11.0¢) — liquidity risk on entry/exit.
Read full market rules on Polymarket

Probability (last 7 days)

-6.5pp 7d
1007550250
59¢
May 11, 2026, 12:00 UTCMay 18, 2026, 11:10 UTC
updated 11:10:50 UTC·src:Polymarket CLOB·snap:snap_2026-05-18T11-10Z

Why did it move?

Structured · 2 factors
  • 01
    Active signal

    Resolution-risk observation firing

    Spread is wide enough that intraday moves overstate any tradeable edge.

  • 02
    Spread cost

    Wide spread — 11.0¢

    Bid-ask spread is wide enough that intraday moves overstate any tradeable advantage. Most of the headline pp move would be eaten by spread on a market order.

What to track next

  • Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.

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.

Timeline

critical · price · trade flow

Critical

  • Jul 31, 00:00 UTCScheduled resolution

    Market resolves in 1764.8h

    LOW
  • 11:10Signal

    Resolution risk

    Spread is wide enough that intraday moves overstate any tradeable edge.

    LOW

Price movement

+0.0pp over the last 24h, now 59¢.

Biggest hourly move: -27.0pp at May 14, 05:00 UTC (to 39¢).

Show top 8 of 49 hourly moves
  • May 15, 17:00 UTC · +20.5pp → 64¢
  • May 14, 11:00 UTC · -23.0pp → 43¢
  • May 14, 09:00 UTC · -23.5pp → 42¢
  • May 14, 08:00 UTC · -22.0pp → 43¢
  • May 14, 06:00 UTC · -21.0pp → 45¢
  • May 14, 05:00 UTC · -27.0pp → 39¢
  • May 14, 04:00 UTC · -22.5pp → 43¢
  • May 14, 02:00 UTC · -23.0pp → 43¢
updated 11:10:50 UTC·src:Polymarket CLOB·Polymarket Data

Active signals

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.

updated 11:10:50 UTC·src:Polymarket Data

Market Description

The Statement on Monetary Policy for the Bank of Japan's Monetary Policy meeting for July is scheduled to be released on July 31, 2026 (https://www.boj.or.jp/en/mopo/mpmsche_minu/index.htm). This market will resolve to the amount of basis points the upper bound of the short-term policy interest rate is changed by versus the level it was prior to the Bank of Japan's July 2026 meeting. If the short-term policy interest 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 primary resolution source for this market will be the official website of the Bank of Japan (https://www.boj.or.jp/en/mopo/mpmsche_minu/index.htm), however a consensus of credible reporting may also be used. This market may resolve as soon as the Bank of Japan's statement for the specified 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.

Why this category?

confidence: high

Category

Macro

Source

Keyword rule

Matched term

interest rates

Reason

Question text contains the high-signal keyword "interest rates" — 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 "No change in Bank of Japan’s interest rates after the July 2026 meeting?"?

As of Mon, 18 May 2026 11:10:50 GMT, YES is priced at 59% implied probability on Polymarket. The price changed +0.0pp in the last 24 hours, -0.5pp in the last hour, and -6.5pp in the last 7 days.

When does this market resolve?

This market resolves by Jul 31, 2026 (2026-07-31T00:00:00.000Z). 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?

$0.00 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $19.79. Open liquidity in the YES/NO orderbooks: $623.06. Spread between best bid and best ask: 11.0¢.

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

¢
Deliver

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