Will the Fed cut its target rate at the October 27-28, 2026 FOMC meeting?

Question

Resolves YES if the FOMC statement released on Wednesday, October 28, 2026 announces a lower target range for the federal funds rate than the current one. Resolves NO if the range is held or raised. Source: Federal Reserve press release.

Manifold Markets · Answer

Unlikely — Manifold Markets prediction market estimates a 5% chance (5 traders, as of Oct 28, 2026).

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