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Fed Decision in January?

Fed Vol. $840,750 50 traders

No change60%
25 bps increase38%
50+ bps increase1%
25 bps decrease1%
$840,750 Vol. Jan 27, 2027
50+ bps decrease
$160,943 Vol.
<1%
25 bps decrease
$123,292 Vol.
<1%
No change
$214,638 Vol.
65% 5%
25 bps increase
$246,331 Vol.
28% 9%
50+ bps increase
$95,545 Vol.
1%

Rules

The FED interest rates are defined in this market by the upper bound of the target federal funds range. The decisions on the target federal funds range are made by the Federal Open Market Committee (FOMC) meetings. This market will resolve to the amount of basis points the upper bound of the target federal funds rate is changed by versus the level it was prior to the Federal Reserve's January 2027 meeting. If the target federal funds rate is changed to a level not expressed in the displayed options, the change will be rounded up to...

Market Opened: Jul 29, 2026, 8:48 PM ET