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How many Fed rate cuts in 2026?

Five-platform snapshot of "How many Fed rate cuts in 2026?" — live Polymarket pricing, plus how Kalshi, Betfair and Manifold structure the same contract.

0 (0 bps) 88% 1 (25 bps) 7% 2 (50 bps) 3% 3 (75 bps) 1% Volume: $45.9M Liquidity: $2.7M Closes: 31 Dec 2026
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How many Fed rate cuts in 2026?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Kalshi UK) Pick
polygram.ink (preferred broker)
88% 12% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Live odds →
Polymarket (direct)
polymarket.com
88% 12% 0% Geo-blocked in US/UK/EU USDC, on-chain Live odds →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Live odds →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Live odds →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Live odds →

Outcome probabilities

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

OutcomeProbability
0 (0 bps)88%
1 (25 bps)7%
2 (50 bps)3%
3 (75 bps)1%
4 (100 bps)1%
5 (125 bps)0%
6 (150 bps)0%
7 (175 bps)0%
8 (200 bps)0%
9 (225 bps)0%
10 (250 bps)0%
11 (275 bps)0%
12+ (300+ bps)0%

Market context

The How many Fed rate cuts in 2026? prediction market currently prices this outcome at 88% YES. This market will resolve according to the exact amount of cuts of 25 basis points in 2026 by the Fed (including any cuts made during the December meeting). Emergency rate cuts outside of scheduled FO…

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

Where can I trade this market with the lowest fees?
Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Kalshi UK. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
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 UK 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.
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Related Topics

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