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Fed Decision in January?

Fed Vol. $1,276,696 50 traders

No change74%
25 bps increase19%
25 bps decrease4%
50+ bps decrease1%
$1,276,696 Vol. Jan 27, 2027
50+ bps decrease
$206,757 Vol.
1% 1%
25 bps decrease
$187,868 Vol.
4% 1%
No change
$327,269 Vol.
74% 1%
25 bps increase
$425,772 Vol.
19% 1%
50+ bps increase
$129,031 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