Author
Ahmed Barakat
Author
Share
Polymarket’s Fed rates dashboard shows a 62% probability that the Federal Reserve raises rates by 25 basis points at the Wednesday, September 16, 2026 FOMC meeting. The dashboard lists a 39% probability for no change. A 50-basis-point-or-larger hike, a 25-basis-point cut and a 50-basis-point-or-larger cut are each listed below 1%, according to Polymarket.
The pricing presents a narrower set of leading outcomes for the September meeting. A quarter-point hike is the dashboard’s expected decision, while no change remains the other outcome with a substantial listed probability. The cut outcomes are listed at below 1%, placing them well behind the two leading scenarios in this snapshot.
(Source – Polymarket)
How Likely is a Fed Rate Cut Next Week?
Polymarket lists a 25-basis-point hike at 62% and no change at 39%. Those figures put a hike ahead of a hold, but the hold outcome remains material in the displayed pricing. The other listed outcomes are all below 1%.
| Outcome | Polymarket Probability |
| 25 bps hike | 62% |
| No change | 39% |
| 50+ bps hike | |
| 25 bps cut | |
| 50+ bps cut |
The dashboard provides probabilities for the listed meeting outcomes, but it does not explain the reasoning behind those prices or forecast how financial markets may respond to the decision. The figures show event pricing for the September meeting rather than explaining the economic developments that may influence policymakers.
Earlier readings reported by Yahoo Finance illustrate how pricing differed across venues. On September 8, Polymarket traders indicated 49% odds of a 25-basis-point hike, Kalshi traders assigned 48%, and CME FedWatch showed nearly 56%, according to Yahoo Finance.
Make Your Prediction Count With $25 For Free on Kalshi
Those figures were reported before the current 62% Polymarket reading and come from separate market-based measures, so they provide context rather than a direct comparison of identical prices at the same time.
What happens at the September Fed Rate Meeting?
If the Fed raises rates by 25 basis points on September 16, that result would align with Polymarket’s leading listed outcome. If the Fed leaves rates unchanged, it would align with the dashboard’s second-largest listed outcome. The dashboard lists the alternatives of a larger hike or a cut of below 1%.
Other interest-rate market measures have also shown elevated odds of a hike. CNBC reported on September 10 that CME Group’s FedWatch gauge put the chance of a rate increase at 70% in morning trading.
The move followed an August wholesale-price report and a rise in U.S. crude oil prices above $100 a barrel. The report also said that market pricing put the chance of another increase in December close to 60%.
The CNBC reading is higher than Polymarket’s current 62% figure, and it was reported on a different date using CME FedWatch. The difference underscores that market-based gauges can show different probabilities as pricing changes and as venues reflect their own markets.
Polymarket’s current dashboard places the immediate focus on whether the September meeting produces a quarter-point hike or no change. Its below-1% listings for both cut outcomes indicate that cuts were not among the leading outcomes displayed for this meeting.
For readers following the decision, the relevant distinction is between the dashboard’s 62% hike probability and its 39% no-change probability, alongside the separate readings reported by other market-based gauges.
Make Your FOMC Prediction Count With $25 For Free on Kalshi
Don’t Miss: The Hottest Meme Coin Opportunities Silently Climbing the Crypto Ranks in September
