Market Context by Polymarket
The Fed emergency rate cut in 2024? market on Polymarket prices the likelihood of each possible outcome as an implied probability. No currently leads at 99%, ahead of Yes at 1%. The market resolves on 31 December 2024.
Cumulative volume on this market is $836K. You can explore live prices, the full outcome list and trader positioning in the analytics above.
How this market resolves?
This market will resolve to "Yes" if the Federal Open Market Committee (FOMC) holds an emergency meeting after which the upper bound of the target federal funds rate is lowered between August 2 and December 31, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". An emergency meeting is defined as any unscheduled meeting called by the Federal Reserve Board or the Federal Open Market Committee (FOMC) apart from the regular eight pre-scheduled meetings for 2024. The resolution source will be official announcements from the Federal Reserve’s website (federalreserve.gov) or credible news sources reporting on the emergency meeting.
Frequently Asked Questions
What are the current Polymarket odds for Fed emergency rate cut in 2024??
No leads at 99%, followed by Yes at 1%. Odds reflect live trading on Polymarket.
Who is the favourite on Fed emergency rate cut in 2024??
No, at 99% implied probability.
How does the Fed emergency rate cut in 2024? market resolve?
The market resolves on 31 December 2024. Shares in the winning outcome settle at $1.00; all others settle at $0.00. See How this market resolves? above for the official resolution rules.
How much money is on Fed emergency rate cut in 2024??
$836K has traded cumulatively on this market across 2 outcomes.
Can I see who is betting on Fed emergency rate cut in 2024??
Yes. Polymarket trades are on-chain, so positions are public. Use the holders and traders views on this page to inspect wallets active in this market.
How accurate are Polymarket odds on economics?
Fed and macro markets tend to move in step with rate futures and repricing after data releases. They are usually well-calibrated close to a decision date and noisier further out.