Number of rate cuts in 2026?: Exactly 0 cuts

Consensus 97% across 2 venues (Polymarket 97%, Kalshi 96%). The real-money venues are 0.6 pts apart. Updated every few minutes.

Consensus
96.5%
Gap between venues
0.6 pts
Venues
2
Closes
Jan 1, 2027

Prices by venue

VenueProbabilityBuy YESBuy NOReal money
Polymarket
Will no Fed rate cuts happen in 2026? (0 (0 bps))
96.9%96.9¢3.2¢Yes
Kalshi
Will the Fed cut rates 0 times? (Exactly 0 cuts)
96.3%96.8¢4.3¢Yes

Buy YES and buy NO are the prices of one contract that pays 1 if the market settles that way. Venues word their rules differently, so read each market's rules before comparing.

Last 7 days

Hourly buckets, last price in each. The shaded band is the gap between the highest and lowest real-money price.

Resolution

Some venues have not settled yet.

  • KalshiWill the Fed cut rates 0 times?Still trading
  • PolymarketWill no Fed rate cuts happen in 2026?Waiting for result

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