What is the “Fed emergency rate cut before 2027?” market asking?

It asks whether the following will happen: Fed emergency rate cut before 2027? Traders buy Yes shares if they think it will and No shares if they think it will not.

What do the Yes and No prices mean?

Right now Yes trades at 2.5¢ and No at 97.5¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 2.5% for Yes and 97.5% for No. The two prices add up to about one dollar.

When does this market close?

Trading is scheduled to close on Jan 1, 2027 UTC. After the close no new trades are accepted and the outcome is settled by the resolution source.

How does this market resolve?

This market will resolve to "Yes" if the Federal Open Market Committee (FOMC) holds an emergency meeting after which the upper bound of the target federal funds rate is lowered between November 11, 2025 and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". An emergency meeting is defined as any unscheduled meeting called by the Federal Reserve Board or the Federal Open Market Committee (FOMC) apart from the regular eight pre-scheduled meetings for 2025 and the regular eight pre-scheduled meetings for 2026. The resolution source will be official announcements from…

What is the difference between volume, liquidity and open interest?

24h volume ($257.68) is the dollar value of shares traded in the last 24 hours; liquidity ($18.31K) is the dollar value resting in the order book. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.

Who holds the biggest positions in this market?

Vultax loaded 190 public holder wallets for this market; the largest ten hold 60.1% of the loaded shares. The Holders view lists them by size on each side, and every wallet links to its trader profile.

Where does this data come from and how fresh is it?

Prices, the order book, holders and the trade tape come from Polymarket's public order book and data API. Vultax records each observation with its own timestamp (market facts last updated Oct 1, 12:53 AM UTC) and shows a value as unavailable rather than as zero when a source has not answered.

Can I trade this market on Vultax?

No. Vultax is a research and paper-trading terminal; it does not execute orders. The trade controls open the official market on Polymarket (https://polymarket.com/event/fed-emergency-rate-cut-before-2027) or the Vultax predictions monitor, where you can track the market and paper trade it.

Fed emergency rate cut before 2027? Polymarket Odds

Market referencefed-emergency-rate-cut-before-2027Updated 2m ago

economyActive

Closes Jan 1, 2027 UTCbusinessfinance

Yes

2.5%

97.5%

Buy Yes 2.45¢Buy No 97.55¢

24h Volume

$258

Liquidity

$18.3K

Closes

Jan 1, 2027 UTC

Yes price

2.45¢

Market actionRead-only Polymarket handoff.

Yes

2.5%

97.5%

24h volume

$257.68

Vultax does not execute orders. These controls open the official Polymarket market or route back into the Vultax predictions terminal.

Trade

buy Yes· 2.45¢

Open in terminal$257.68 24h vol

Source Evidence

Evidence coverage

Items

Fetched

Latest

just now

Public Polymarket market/event context is available; Vultax source-pack coverage is tracked separately.

Depth

Spread

0.1%

Observed

2m ago

Current public quote is shown when Vultax depth snapshots are unavailable.

Trading stateMarket usability at the displayed observation.

Market state

Active

Order book

Captured book available

Observed Yes

2.5%

Orderbook depth should be read with the displayed bid/ask, liquidity, and observation time.

Holder depthCapped public top-holder sample.

Rows loaded

190

Wallets

190

Top 10 share

60%

Yes / No shares

56.1K / 56.1K

Rows reflect the positive holders returned for this market, not venue-wide open interest.

Recent tapeLatest public market trades.

Trades loaded

500

Wallets

220

Loaded notional

Open market positionsProvider-reported rows from the displayed market-position observation.

Trader	Outcome	Shares	Avg entry	Cost basis	Last trade
TheReturnOfDarthMaul	No	20.74K	86.3%	$20.74K
junypchome	Yes	9.7K	6.3%	$9.7K	Aug 28, 11:05 PM UTC

Topic room

Every related market on one live board

Fed and FOMC oddsWhat will the Fed do at its next meeting?

Questions

Questions about this market

What is the “Fed emergency rate cut before 2027?” market asking?: It asks whether the following will happen: Fed emergency rate cut before 2027? Traders buy Yes shares if they think it will and No shares if they think it will not.
What do the Yes and No prices mean?: Right now Yes trades at 2.5¢ and No at 97.5¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 2.5% for Yes and 97.5% for No. The two prices add up to about one dollar.
When does this market close?: Trading is scheduled to close on Jan 1, 2027 UTC. After the close no new trades are accepted and the outcome is settled by the resolution source.
How does this market resolve?: This market will resolve to "Yes" if the Federal Open Market Committee (FOMC) holds an emergency meeting after which the upper bound of the target federal funds rate is lowered between November 11, 2025 and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". An emergency meeting is defined as any unscheduled meeting called by the Federal Reserve Board or the Federal Open Market Committee (FOMC) apart from the regular eight pre-scheduled meetings for 2025 and the regular eight pre-scheduled meetings for 2026. The resolution source will be official announcements from…
What is the difference between volume, liquidity and open interest?: 24h volume ($257.68) is the dollar value of shares traded in the last 24 hours; liquidity ($18.31K) is the dollar value resting in the order book. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.

Analytics

Trader

Outcome

Avg entry

Cost basis

Last trade

TheReturnOfDarthMaul

20.74K

86.3%

$20.74K

junypchome

Yes

9.7K

6.3%

$9.7K

Aug 28, 11:05 PM UTC

Trader	Current holding value
TheReturnOfDarthMaul	$20.24K
LA17	$6.61K
puravida	$4.98K
User14657	$3.82K
Quiet Horizon F251	$3.77K
FATMAN	$3.26K
allenzzz	$1.97K
Tenebrus7	$1.54K
redpanda135	$1.26K
d1k21	$1.12K
StarMaster	$732.22
perseo	$677.97