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Will the Fed Chair clearly signal a 2026 cut path in May?

$286k demo volume vol$1.5K depth liq1,680 demo tradersResolution date passed
43%Yes

+4 pts today

Volume$286k demo volume
Liquidity$1.5K depth
EndsResolution date passed
Probability path43%

Evidence-linked repricing across the latest reporting cycle.

20%40%60%80%
Apr 1831%
Apr 2533%
T334%
T436%
T537%
T639%
T740%
T842%
T943%

Top levels

0¢ spread
LevelPriceSizeYesNo
Market price$286k demo volume
43%
$1.5K depth
Offer 1$101k
43%
$101k
Offer 2$72k
45%
$72k
Offer 3$49k
47%
$49k

Signals and updates

All signals
Market updateApr 25
Futures pricingMedium

Front-end futures reprice higher for cuts

The contract edges up after a broader rates rally.

NewExplicit rule
Market updateApr 18
Primary dataMedium

Core inflation cools modestly

Probability rises as the market reopens the door to softer policy communication.

NewExplicit rule
SignalApril 24, 2026
Federal Reserve Press Releases83

Federal Reserve Board announces approval of application by Banco de Credito del Peru

Federal Reserve Board announces approval of application by Banco de Credito del Peru

NewExplicit rule
Open story
SignalApril 24, 2026
Federal Reserve Press Releases83

Federal Reserve Board announces approval of application by OceanFirst Financial Corp.

Federal Reserve Board announces approval of application by OceanFirst Financial Corp.

NewExplicit rule
Open story
SignalApril 23, 2026
Federal Reserve Press Releases83

Agencies finalize changes to enhance community bank leverage ratio

Agencies finalize changes to enhance community bank leverage ratio

NewExplicit rule
Open story
SignalApril 22, 2026
Federal Reserve Press Releases83

Federal Reserve Board issues enforcement action with former employee of First Financial Bank

Federal Reserve Board issues enforcement action with former employee of First Financial Bank

NewExplicit rule
Open story

Market rules

Explicit rule
Settlement rule

Resolves YES if the Fed Chair makes a public statement in May 2026 that explicitly frames rate cuts in 2026 as the likely path.

May 31, 2026Resolution date passed

Event-by-event log

2 entries
Apr 18
Medium impactPrimary data

Core inflation cools modestly

Probability rises as the market reopens the door to softer policy communication.

New
Apr 25
Medium impactFutures pricing

Front-end futures reprice higher for cuts

The contract edges up after a broader rates rally.

New