Fed odds on Oct 31, 2026
What Kalshi, Polymarket.com and fed funds futures priced for the Dec 8–9, 2026 FOMC decision at the latest capture today. The favorite was a 25bp hike at 69.5% on Kalshi, 1.0 points from Polymarket.com. Live Dec 9 odds →
| Outcome | Kalshi | Polymarket.com | Fed funds futures (implied) |
|---|---|---|---|
| 50bp+ cut | 0.5%±0.0 | 0.4%±0.0 | — |
| 25bp cut | 0.5%±0.0 | 1.1%+0.1 | 0.0%±0.0 |
| Hold | 29.5%+0.5 | 27.5%±0.0 | 26.7%±0.0 |
| 25bp hike | 69.5%±0.0 | 70.5%±0.0 | 73.3%±0.0 |
| 50bp+ hike | 2.5%±0.0 | 1.7%+0.1 | — |
Each venue's close on this UTC day. “—” is no price, never 0% — the futures leg cannot express a 50bp move. Polymarket.com is the international book. Futures are a derived probability, never a contract price.
What printed that day
No scheduled Fed-moving release on Oct 31, 2026.
Data: Kalshi, Polymarket.com and fed funds futures, captured every 30 minutes by PredictionMarketsPicks — free with attribution at the CSV. Not a forecast; trade responsibly.