Fed decision in Jul 2027?

5 outcomesSettles Jul 28, 2027 (270d) Fed Watch — futures-implied odds

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Favorite76%Fed maintains rate
Favorite
76%
Fed maintains rate
Runner-up
20%
Hike 25bps
Biggest 24h move
—
odds steady over the last day
24h volume
$96
$87K open interest · $1 contracts

Current odds

one winner

Odds over time

daily

Daily closing odds for the leading outcomes.

All outcomes

5
OutcomeOdds24h change24h volumeOpen interest
Fed maintains rate 76% +6.0 $63 $60K
Hike 25bps 20% -2.0 $9 $13K
Cut 25bps 6% -2.0 $8 $9K
Cut >25bps 2% -5.0 $8 $2K
Hike >25bps 2% — $8 $2K

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