Fed Decision in October: 25 bps increase?
What resolves this contract
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 October 2026 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 the nearest 25 and will resolve to the relevant bracket. (e.g.
Reading the odds on this market
At 13.5¢ for YES, traders are pricing about a 13.5% chance this happens, roughly 1 in 7.
$10 on YES buys about 74 contracts that pay $74.07 if it happens; $10 on NO at 86.5¢ buys about 11.6 that pay $11.56 if it does not.
The favoured side, NO, returns 15.6% if it wins, with the money locked up for 11 days until October 28, 2026; that works out to about 12200.4% a year.
$325 has traded on it on Limitless, making it number 265 by volume of the 377 markets we track.
Payouts are before platform fees; one contract pays $1 if its side wins.
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 13¢ means the market is pricing in a 13.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($325) reflects every buy and sell across the life of this contract. Open interest ($0) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Limitless. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Strait of Hormuz traffic returns to normal by December 31? | 11¢ | $14,981,748 |
| Will there be no change in Fed interest rates after the October 2026 meeting? | 86¢ | $13,357,262 |
| Will the Fed increase interest rates by 25 bps after the October 2026 meeting? | 13¢ | $10,175,254 |
Common questions about this market
How is this market resolved?
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 October 2026 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 the nearest 25 and will resolve to the relevant bracket. (e.g.
When does this contract expire?
This contract closes on 2026-10-28, 11 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 13¢?
If the event resolves YES, each YES contract pays $1, a profit of 86¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 13¢ is lost. Current market price implies a 13.5% probability of YES.
Where is this market listed?
This contract is listed on Limitless. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $325 in total traded volume and $0 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.