MacroMulti-outcomeExpires Dec 9, 2026
Creator

Will the upper bound of the target federal funds rate be 3.75% at the end of 2026?

Probability

60¢

1h

+0.0pp

24h

+1.5pp

24h Vol

$9.00

Liquidity

$8.0K

Research loop

Inspect the market

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

Canonical status

confidence: high

Source status (Polymarket)

active

Derived status (Orrery)

LIVE

Reason

Active market, expiry beyond the near-expiry window.

Resolution & Risk

LOW risk
End date
Dec 9, 2026
UMA status
n/a
Resolution source
Primary
Federal Reserve
Type
Official government source
Confidence
extracted · high
Market type
Multi-outcome (neg-risk)
  • Part of a multi-outcome event (neg-risk): only one market can resolve YES.
  • Wide spread (6.6¢) — liquidity risk on entry/exit.
Read full market rules on Polymarket

Probability (last 7 days)

+4.3pp 7d
1007550250
60¢
May 11, 2026, 07:00 UTCMay 18, 2026, 06:58 UTC
updated 06:59:01 UTC·src:Polymarket CLOB·snap:snap_2026-05-18T06-59Z

Why did it move?

Structured · 3 factors
  • 01
    Price move

    Up 2pp over 24h

    Now 60¢; flat in the last hour.

  • 02
    Active signal

    Resolution-risk observation firing

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

  • 03
    Spread cost

    Wide spread — 6.6¢

    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

  • Dec 9, 00:00 UTCScheduled resolution

    Market resolves in 4913.0h

    LOW
  • 06:59Signal

    Resolution risk

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

    LOW

Price movement

+1.5pp over the last 24h, now 60¢.

Biggest hourly move: +11.8pp at May 16, 11:00 UTC (to 62¢).

Show top 8 of 43 hourly moves
  • May 16, 11:00 UTC · +11.8pp → 62¢
  • May 14, 21:00 UTC · +7.1pp → 63¢
  • May 14, 18:00 UTC · +7.2pp → 63¢
  • May 14, 17:00 UTC · +7.8pp → 63¢
  • May 14, 15:00 UTC · +7.5pp → 63¢
  • May 14, 12:00 UTC · +9.5pp → 65¢
  • May 14, 11:00 UTC · +7.3pp → 62¢
  • May 13, 23:00 UTC · +8.5pp → 64¢
updated 06:59:01 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 06:59:01 UTC·src:Polymarket Data

Related Markets

14
Same eventWhat will the Fed rate be at the end of 2026?
Category · Macro

Market Description

The FED rate is defined in this market by 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 according to the upper bound of the Federal Reserve’s target federal funds range after the December 2026 Federal Open Market Committee (FOMC) meeting, currently scheduled for December 8-9, 2026. This market may resolve immediately after the statement for the FOMC’s December meeting, with relevant information about the FOMC’s decision on the target federal funds range, has been issued. If no FOMC decision on the target federal funds range for their December meeting has been issued by December 31, 2026, 11:59 PM ET, this market will resolve according to the upper bound of the target federal funds range at that time. The upper bound of the target federal funds range will be rounded to the nearest 25 basis points for resolution of this market. If the upper bound of the target federal funds range falls exactly between two listed options, it will be rounded away from zero (e.g. if the upper bound is 2.875, with listed options of 3.0 & 2.75, this market will resolve to 3.0). The primary resolution source for this market will be official information from the Federal Reserve (https://www.federalreserve.gov/monetarypolicy/openmarket.htm).

Why this category?

confidence: medium

Category

Macro

Source

Gamma category hint

Matched term

Macro

Reason

No rule fired; using Polymarket's own category hint "Macro".

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 "Will the upper bound of the target federal funds rate be 3.75% at the end of 2026?"?

As of Mon, 18 May 2026 06:59:01 GMT, YES is priced at 60% implied probability on Polymarket. The price changed +1.5pp in the last 24 hours, +0.0pp in the last hour, and +4.3pp in the last 7 days.

When does this market resolve?

This market resolves by Dec 9, 2026 (2026-12-09T00:00:00.000Z). 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?

$9.00 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $518.5K. Open liquidity in the YES/NO orderbooks: $8.0K. Spread between best bid and best ask: 6.6¢.

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

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.