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Will the Federal Reserve Cut rates by >25bps at their July 2026 meeting?

1¢
Yes
The market gives this a 1% chance.

Market price history. From 4¢ on Sep 30, 2025 to 1¢ on Jul 30, 2026. Lowest 1¢ on May 5, 2026; highest 19¢ on Feb 9, 2026.

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2.3M contractsCloses Jul 29, 2026
About this market

If the Federal Reserve does a Cut of 25bps on July 29, 2026, then the market resolves to Yes.