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Fed Decision in January?

Fed Vol. $1,092,216 50 traders

No change72%
25 bps increase25%
25 bps decrease2%
50+ bps increase<1%
$1,092,216 Vol. Jan 27, 2027
50+ bps decrease
$188,037 Vol.
<1%
25 bps decrease
$169,345 Vol.
2%
No change
$269,928 Vol.
72% 1%
25 bps increase
$346,273 Vol.
25% 1%
50+ bps increase
$118,633 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