The Fed's rate-setting body said it would raise its benchmark rate to a range between 5% and 5.25%, the highest level since 2007

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• Economy09/21/2026@EconDesk

  The Fed Sets Rates at the July 2027 Meeting

  Eccles Building, Washington, D.C., United StatesFederal Reserve System

  

  Starts 07/28/2027 6:00PMSCHEDULED85% CONFIDENCEin 308 daysThe Federal Reserve's^[2] published FOMC calendar lists the meeting as "July 27-28" 2027, and Kalshi's^[1] market for it strikes at the decision time on the second day. The Fed adds that "Each meeting date is tentative until confirmed at the meeting immediately preceding it".

   Kalshi

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  The FOMC announces its rate decision on the second day of its July 27-28 2027 meeting. On 21 September 2026 Kalshi last traded Fed maintains rate 76%, Hike 25bps 17%, Hike >25bps 10%.

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• Economy09/21/2026@EconDesk

  The Fed Sets Rates at the April 2027 Meeting

  Eccles Building, Washington, D.C., United StatesFederal Reserve System

  

  Starts 04/28/2027 6:00PMSCHEDULED85% CONFIDENCEin 217 daysThe Federal Reserve's^[2] published FOMC calendar lists the meeting as "April 27-28" 2027, and Kalshi's^[1] market for it strikes at the decision time on the second day. The Fed adds that "Each meeting date is tentative until confirmed at the meeting immediately preceding it".

   Kalshi

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  The FOMC announces its rate decision on the second day of its April 27-28 2027 meeting. On 21 September 2026 Kalshi last traded Fed maintains rate 63%, Cut 25bps 11%, Hike 25bps 8%.

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• Economy09/21/2026@EconDesk

  The Fed Sets Rates at the October 2027 Meeting

  Eccles Building, Washington, D.C., United StatesFederal Reserve System

  

  Starts 10/27/2027 6:00PMSCHEDULED85% CONFIDENCEin 1.1 yearsThe Federal Reserve's^[2] published FOMC calendar lists the meeting as "October 26-27" 2027, and Kalshi's^[1] market for it strikes at the decision time on the second day. The Fed adds that "Each meeting date is tentative until confirmed at the meeting immediately preceding it".

   Kalshi

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  The FOMC announces its rate decision on the second day of its October 26-27 2027 meeting. On 21 September 2026 Kalshi last traded Fed maintains rate 54%, Hike 25bps 46%, Cut 25bps 7%.

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• Economy09/21/2026@EconDesk

  The Fed Sets Rates at the January 2027 Meeting

  Eccles Building, Washington, D.C., United StatesFederal Reserve System

  

  Starts 01/27/2027 7:00PMSCHEDULED85% CONFIDENCEin 126 daysThe Federal Reserve's^[2] published FOMC calendar lists the meeting as "January 26-27" 2027, and Kalshi's^[1] market for it strikes at the decision time on the second day. The Fed adds that "Each meeting date is tentative until confirmed at the meeting immediately preceding it".

   Kalshi

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  The FOMC announces its rate decision on the second day of its January 26-27 2027 meeting. On 21 September 2026 Kalshi last traded Fed maintains rate 61%, Hike 25bps 25%, Cut 25bps 8%.

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• Economy09/21/2026@EconDesk

  The Fed Sets Rates at the June 2027 Meeting

  Eccles Building, Washington, D.C., United StatesFederal Reserve System

  

  Starts 06/09/2027 6:00PMSCHEDULED85% CONFIDENCEin 259 daysThe Federal Reserve's^[2] published FOMC calendar lists the meeting as "June 8-9" 2027, and Kalshi's^[1] market for it strikes at the decision time on the second day. The Fed adds that "Each meeting date is tentative until confirmed at the meeting immediately preceding it".

   Kalshi

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  The FOMC announces its rate decision on the second day of its June 8-9 2027 meeting. The meeting is one of the four in 2027 that comes with a Summary of Economic Projections - the "dot plot" - and a press conference. On 21 September 2026 Kalshi last traded Fed maintains rate 59%, Cut >25bps 28%, Hike 25bps 20%.

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• Economy09/21/2026@EconDesk

  The Fed Sets Rates at the September 2027 Meeting

  Eccles Building, Washington, D.C., United StatesFederal Reserve System

  

  Starts 09/15/2027 6:00PMSCHEDULED85% CONFIDENCEin 357 daysThe Federal Reserve's^[2] published FOMC calendar lists the meeting as "September 14-15" 2027, and Kalshi's^[1] market for it strikes at the decision time on the second day. The Fed adds that "Each meeting date is tentative until confirmed at the meeting immediately preceding it".

   Kalshi

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  •   

  The FOMC announces its rate decision on the second day of its September 14-15 2027 meeting. The meeting is one of the four in 2027 that comes with a Summary of Economic Projections - the "dot plot" - and a press conference. On 21 September 2026 Kalshi last traded Fed maintains rate 59%, Hike 25bps 20%, Cut 25bps 6%.

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• Economy09/21/2026@EconDesk

  The Fed Sets Rates at the December 2027 Meeting

  Eccles Building, Washington, D.C., United StatesFederal Reserve System

  

  Starts 12/08/2027 7:00PMSCHEDULED85% CONFIDENCEin 1.2 yearsThe Federal Reserve's^[2] published FOMC calendar lists the meeting as "December 7-8" 2027, and Kalshi's^[1] market for it strikes at the decision time on the second day. The Fed adds that "Each meeting date is tentative until confirmed at the meeting immediately preceding it".

   Kalshi

  •   
  •   

  The FOMC announces its rate decision on the second day of its December 7-8 2027 meeting. The meeting is one of the four in 2027 that comes with a Summary of Economic Projections - the "dot plot" - and a press conference. On 21 September 2026 Kalshi last traded Fed maintains rate 73%, Cut 25bps 13%, Hike 25bps 6%.

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• Economy09/21/2026@EconDesk

  The Fed Sets Rates at the March 2027 Meeting

  Eccles Building, Washington, D.C., United StatesFederal Reserve System

  

  Starts 03/17/2027 6:00PMSCHEDULED85% CONFIDENCEin 175 daysThe Federal Reserve's^[2] published FOMC calendar lists the meeting as "March 16-17" 2027, and Kalshi's^[1] market for it strikes at the decision time on the second day. The Fed adds that "Each meeting date is tentative until confirmed at the meeting immediately preceding it".

   Kalshi

  •   
  •   

  The FOMC announces its rate decision on the second day of its March 16-17 2027 meeting. The meeting is one of the four in 2027 that comes with a Summary of Economic Projections - the "dot plot" - and a press conference. On 21 September 2026 Kalshi last traded Fed maintains rate 67%, Hike 25bps 27%, Cut 25bps 10%.

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• Economy09/19/2026@OddsDesk

  Fed Decides Whether to Hike Rates Again at October 2026 FOMC Meeting

  Marriner S. Eccles Federal Reserve Board Building, 20th St & Constitution Ave NW, Washington, DCFederal Reserve

  

  Starts 10/28/2026 6:00PMSCHEDULED78% CONFIDENCEin 35 daysThe Federal Reserve's^[2][5] published 2026 FOMC calendar lists the October 27-28 meeting, and the policy statement is released at 2:00 p.m. ET on the second day; Kalshi's^[1] market strikes on October 28, 2026 at 18:00 UTC.

   Kalshi

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  The Federal Open Market Committee announces its October 2026 rate decision at 2:00 p.m. ET on October 28, six weeks after raising the federal funds target range a quarter point to 3.75%-4.00% on September 16, its first hike since 2023. On 19 September 2026 Kalshi traders were split between holding the rate and a second 25bp hike, with cuts priced near zero.

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• Economy09/20/2026@OddsDesk

  Fed Sets Rates at the December 2026 FOMC Meeting

  Marriner S. Eccles Federal Reserve Board Building, 20th St & Constitution Ave NW, Washington, DCFederal Reserve

  

  Starts 12/09/2026 7:00PMSCHEDULED78% CONFIDENCEin 77 daysThe Federal Reserve’s^[2] published 2026 FOMC calendar lists the December 8–9 meeting, and the statement is released at 2:00 p.m. ET on the second day; Kalshi’s^[1][4] market expires December 9, 2026 at 19:05 UTC and closes at 18:59 UTC, minutes before the announcement.

   Kalshi

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   Polymarket

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  The Federal Open Market Committee announces its final 2026 rate decision at 2:00 p.m. ET on December 9, the last of the year’s eight scheduled meetings. On 20 September 2026 Kalshi had a second consecutive quarter-point hike as the favourite at 67%, with a hold at 31% and cuts priced near zero; Polymarket agreed almost to the point.

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• Finance05/12/2023@ThePinGang

  Last time Fed Funds Rate was this high, S&P 500 TTM PE was around 18.

  Federal Reserve

  6/ So how has Big Tech fared? Here's a snapshot:$AAPL 29.18 on 1/4, 29.47 now$MSFT 35.39 then, 45.74 now$GOOG 25.78 then, 35.21 now$META 24.37 then, 40.24 now$NVDA 63.47 then, 164.24 now$AMZN 51.35 then, 267.10 now$NFLX and $TSLA are the only 2 with lower PEs today.

  — RJR Capital (@RJRCapital) May 12, 2023

  Starts 05/11/2023UNVERIFIED25% CONFIDENCE3.4 years ago

  Tweet from @RJRCapital (11 May 2023): the last time the Fed Funds Rate was this high, the S&P 500 trailing-twelve-month P/E was around 18.

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• Finance05/09/2023@ThePinGang

  Probability for another 25bps hike in June doubled today 8.5% to 16.6%

  Federal Reserve

  Probability for another 25bps hike in June doubled today pic.twitter.com/OWDq1ceIEx

  — Jay Cal (@Jay__Cale) May 8, 2023

  Starts 05/08/2023UNVERIFIED25% CONFIDENCE3.4 years ago

  Tweet from @Jay__Cale (8 May 2023): the market-implied probability of another 25bps Fed rate hike in June doubled in a day, from 8.5% to 16.6%.

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