Fed's 2026 Rate Hike Probability Rises to 66% as Markets React

Polymarket reported that the probability of the U.S. Federal Reserve (Fed) raising interest rates cumulatively by 50 basis points by 2026 stands at 66%, up 21% from the previous day's figure. The Polymarket platform also shows a 'number of Fed rate hikes by 2026' market where two increases totaling 50bp are selected by 66% of users.