- Will no one dissent the December Fed decision?70¢70%
- Will one person dissent the December Fed decision?12¢12%
- Will two people dissent the December Fed decision?12¢12%
- Will three people dissent the December Fed decision?5¢5%
- Will four or more people dissent the December Fed decision?4¢4%
The primary driver of trader sentiment remains the Federal Open Market Committee’s recent pattern of limited policy disagreement, with the October 28 decision to hold the federal funds target range at 3.75-4.00% drawing just two dissents despite elevated inflation and a strong growth assessment. Hawkish voices such as Beth Hammack and Lisa Cook pushed for a 25-basis-point hike, yet other previously dissenting regional presidents aligned with the majority, narrowing internal divisions ahead of the December 8-9 meeting where markets assign an 82.6% probability of a quarter-point increase. Updated Summary of Economic Projections and incoming CPI and employment data through November will test whether the committee can achieve broader consensus around the expected tightening path, consistent with the September dot plot showing most participants favoring at least one additional 2026 hike.
Rules
The December Federal Open Market Committee (FOMC) meeting is scheduled for December 8-9, 2026. The policy decision will be announced at 2:00 PM Eastern Time on December 9, followed by the Fed Chair’s press conference at around 2:30 PM ET. This market will resolve according to the number of dissenting votes recorded at the December Federal Open Market Committee monetary policy meeting, specifically those dissenting on the Fed Funds Rate decision. The resolution source for this market is the FOMC’s statement after its meeting scheduled for December 8-9, 2026, according to the official calendar: https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm. This market may resolve as soon as the FOMC’s statement for their December meeting with relevant data is issued; however, a consensus of credible reporting will also be used.