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Fed decisions (Jul–Oct)

How the prediction-market book is pricing "Fed decisions (Jul–Oct)" right now, with a side-by-side platform comparison and zero-fee CTAs.

Other 67% Pause–Pause–Pause 28% Pause–Pause–Cut 1% Pause–Cut–Pause 1% Volume: $357K Liquidity: $138K Closes: 28 Oct 2026
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Fed decisions (Jul–Oct)

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Kalshi Fees) Pick
polygram.ink (preferred broker)
67% 33% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Place a position →
Polymarket (direct)
polymarket.com
67% 33% 0% Geo-blocked in US/UK/EU USDC, on-chain Place a position →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Place a position →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Place a position →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Place a position →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
Other67%
Pause–Pause–Pause28%
Pause–Pause–Cut1%
Pause–Cut–Pause1%
Cut–Pause–Pause0%
Cut–Pause–Cut0%
Cut–Cut–Pause0%
Cut–Cut–Cut0%
Pause–Cut–Cut0%

Market context

Fed decisions (Jul–Oct) — current market-implied probability: 67%. The FED interest rates are defined in this market by the upper bound of the target federal funds rate. The decisions on the target federal funds rate are made by the Federal Open Market Committee (FOM…

Methodology

Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.

Resolution & payout

Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.

Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.

FAQ

How does resolution work?
Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
What's the difference between YES and NO shares?
A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
How fast are USDC deposits?
Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
Do I need to KYC for this market?
On Polymarket directly, no — it's wallet-based. Intermediary brokers like Kalshi Fees trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
How reliable are the quoted odds?
The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
and

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Related Topics

Federal Reserve Prediction Markets