Will the Reserve Bank of Australia make no change to the target for the cash rate after the May Meeting?
What resolves this contract
This market will resolve according to the change in the target for the cash rate resulting from the Reserve Bank of Australia Monetary Policy Board’s May meeting, relative to the level it was prior to this meeting. The resolution source for this market is information released by the Reserve Bank of Australia after its May 5, 2026 meeting, as listed on the official Reserve Bank of Australia calendar: https://www.rba.gov.au/schedules-events/board-meeting-schedules.html This market may resolve as soon as the Reserve Bank of Australia's media release for their May 5, 2026 meeting with relevant d
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 5¢ means the market is pricing in a 5.5% 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 ($9,531) reflects every buy and sell across the life of this contract. Open interest ($7,221) 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 Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Similar markets on the US-regulated exchange
Kalshi lists related contracts US traders can legally access. Spread is typically similar; liquidity varies.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will the US acquire part of Greenland in 2026? | 14¢ | $9,686,244 |
| Will Valtteri Bottas be the 2026 F1 Drivers' Champion? | 1¢ | $9,635,704 |
| Fed rate hike in 2026? | 16¢ | $973,420 |
Common questions about this market
How is this market resolved?
This market will resolve according to the change in the target for the cash rate resulting from the Reserve Bank of Australia Monetary Policy Board’s May meeting, relative to the level it was prior to this meeting. The resolution source for this market is information released by the Reserve Bank of Australia after its May 5, 2026 meeting, as listed on the official Reserve Bank of Australia calendar: https://www.rba.gov.au/schedules-events/board-meeting-schedules.html This market may resolve as soon as the Reserve Bank of Australia's media release for their May 5, 2026 meeting with relevant d
When does this contract expire?
This contract closes on 2026-05-05, 5 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 5¢?
If the event resolves YES, each YES contract pays $1 , a profit of 94¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 5¢ is lost. Current market price implies a 5.5% probability of YES.
Where is this market listed?
This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $9,531 in total traded volume and $7,221 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.