Will the upper bound of the target federal funds rate be 4.25% at the end of 2026?

As of September 3, 2026, the market gives “Will the upper bound of the target federal funds rate be 4.25% at the end of 2026?” a 81% chance of NO.

YES odds19%
NO odds81%
Volume$430,762
ClosesDecember 9, 2026

Updated September 3, 2026 · Live data from Polymarket

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About this market

Elevated inflation readings and a resilient U.S. economy have anchored trader expectations around a 4.0% federal funds rate by the end of 2026, the leading Polymarket outcome at 41.6%. Persistent price pressures, including supply disruptions and tariff effects, prompted the Federal Reserve to hold the target range at 3.50-3.75% through mid-2026 meetings while revising up its median end-2026 projection to 3.8%. Multiple FOMC participants now anticipate at least one hike, with dissenters at the July meeting favoring immediate tightening. Strong GDP growth and steady unemployment near 4.3% have reduced the case for easing, leading the wisdom of crowds reflected in current pricing to favor modest tightening over deeper cuts by year-end. The September FOMC meeting remains a key near-term catalyst.

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