The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
The 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[4] market expires December 9, 2026 at 19:05 UTC and closes at 18:59 UTC, minutes before the announcement.
The Federal Reserve’s own FOMC calendar lists the December 8–9, 2026 meeting, which fixes the decision on December 9.
Polymarket runs the same December decision as its own book and closes it on December 9, 2026, independently confirming the date and pricing a 25 bps increase at 67.5%.
The next meeting’s Kalshi[1] book (hold 61%) is what traders think comes after December, and it dates the following decision to January 27, 2027.
Schwab Network’s September 17, 2026 episode has Jason England calling the 25 bps September hike warranted and setting up a tough October meeting, which is the run-up the December decision follows.[1]
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The increase is the 10th straight interest-rate hike since last March in what has been the most aggressive rate-hiking regime since the 1980s.