Will the Fed cut rates 0 times?

The prediction market is currently pricing in a high likelihood of the Federal Reserve not cutting rates at all in 2026, with an implied probability of 81%. This assessment is informed by known facts such as the Fed's recent rate hikes and its current stance on monetary policy. The market is also considering the overall economic environment, including factors like inflation and employment trends. A change in these underlying conditions could impact the price, with a strengthening economy potentially driving up the probability of no rate cuts and a weakening economy pushing it down. Conversely, any signals from the Fed regarding its future rate-cutting intentions or changes to its monetary policy framework could also influence the market's assessment.