Fed funds rate after Dec 2026 meeting?

5 outcomesSettles Dec 09, 2026 (39d) Fed Watch — futures-implied odds

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Theme
Preview
50/50 line74%Above 4.00%
Line nearest 50/50
74%
Above 4.00%
Market median
4.083%
even odds of landing above or below
Biggest 24h move-3 pts
74%
Above 4.00%
24h volume
$7K
$308K open interest · $1 contracts

Current odds

ladder — each rung is its own yes/no

What the market expects

median 4.083%

Chance of landing in each range, from the difference between neighbouring "above" rungs.

Odds over time

rungs nearest 50/50 · daily

Where the large orders went

7 days · ≥ $1K
  • Above 4.50%
    YES $0 · NO $123K · 3 orders · biggest $100K
  • Above 4.00%
    YES $28K · NO $0 · 3 orders · biggest $22K
  • Above 3.75%
    YES $11K · NO $0 · 2 orders · biggest $6K
  • Above 3.50%
    YES $8K · NO $0 · 1 orders · biggest $8K
  • Above 4.25%
    YES $0 · NO $2K · 1 orders · biggest $2K

Recent large orders

WhenOutcomeSidePriceSize
Above 4.50%NO 99¢$4K
Above 4.50%NO 99¢$100K
Above 4.00%YES 86¢$22K
Above 3.50%YES 99¢$8K
Above 4.25%NO 94¢$2K
Above 3.75%YES 98¢$6K
Above 4.00%YES 87¢$2K
Above 4.00%YES 92¢$5K
Above 3.75%YES 98¢$5K
Above 4.50%NO 97¢$19K

All outcomes

5
OutcomeOdds24h change24h volumeOpen interest
Above 3.75% 98% -1.0 $1K $33K
Above 3.25% 98% — $7 $2K
Above 4.00% 74% -3.0 $5K $58K
Above 4.25% 2% — $543 $57K
Above 4.50% 1% +1.0 $250 $159K

Same series