Fed decision in January
Outcome
% Chance
Outcome
%Chance
25 plus bps decrease
25 plus bps decrease
No change
No change
25 bps increase
25 bps increase
25 bps decrease
25 bps decrease
Resolution Criteria
This market will resolve to what Fed decides in January FOMC
News
Bitcoin just holds $64K after Fed revives hike risk, but one level still decides whether repair is real - BitRss - Crypto World News
Bitcoin held around $64k after the Fed signaled a potential rate hike later this year, with markets pricing a roughly 72% chance of a hike by October and 78% by December, while Bitcoin’s price remained in a tight $60k-$70k range amid a broad risk-off move and a shift from expected rate cuts to possible hikes.
Trump nominates Kevin Warsh for Fed chair | ABC7 News Mirror
Trump nominated Kevin Warsh, a former Fed governor and 2008 crisis adviser, to be the next Federal Reserve chairman, four years after Powell’s term, with Trump praising him as a highly respected, “great” choice and suggesting current rate-pause votes would shift toward supporting him once appointed.
Warsh seeks to reassure investors as economic strains worsen | Financial Post
Fed Chair Kevin Warsh seeks to reassure markets amid rising US debt, high long-term yields, and external tensions (tariffs and Iran-related risks), while facing criticism over a pared-back communication strategy that some say undermines Fed credibility and could slow return to target inflation.
Raising rates won't fix the energy shock — it just makes workers pay twice
Raising rates amid an energy-driven inflation shock would hurt workers and households by increasing borrowing costs and delaying investment, without addressing the root supply shock, so the Fed should hold rates steady and let the energy shock pass rather than impose a second, unnecessary financial burden.
Dan VarroneyFed officials signal rate hike may be needed if inflation doesn't cool
Fed officials tentatively signaled that further rate hikes may be needed if inflation does not cool, with the July FOMC minutes showing a 9-3 decision to hold rates at 3.5%-3.75% but noting inflation persistence and some dissenters favoring a small hike, as market expectations shift toward potential action later in the year or in early 2027.
Chris MartinInflation Update: Consumer Prices Rise, But Below Expectations (2026)
Inflation in January rose 2.4% year-over-year (core 2.5%), with monthly CPI up 0.2% and core 0.3%; shelter costs barely inched up, food rose 0.2%, energy fell 1.5%, and while inflation remains above target, markets priced in a higher likelihood of a June Fed rate cut amid a mixed economic outlook.
US Economy Adds 130K Jobs in January 2026: What It Means for the Fed and You (2026)
The January 2026 U.S. jobs report showed 130,000 payroll gains (private +172k, government -42k; unemployment at 4.3%), led by healthcare (81.9k) and construction (33k) with notable revisions shrinking November/December gains, while long-term unemployment remains high and the Fed held rates, signaling cautious stance on rate cuts despite the solid headline, amid a mixed overall labor market and ongoing policy uncertainty.
January Jobs Report Insights: What to Expect (2026)
The article reports that the January 2026 nonfarm payroll data due Wednesday is expected to show minimal or no net job growth, with revisions potentially reducing prior estimates by hundreds of thousands, unemployment near 4.4%, wage growth around 3.7%, and broad expectations of a slowing labor market amid ongoing revisions, stagnant hiring momentum, and attention from policymakers and markets.
AI has infiltrated the Fed, at least in policy meeting debates | The Seattle Times
Fed policymakers are increasingly discussing AI’s impact on inflation, productivity, labor markets, and financial stability, noting uncertain but potentially higher price pressures from AI-driven tech costs, mixed effects on employment, possible sharp market repricing if promises disappoint, growing AI finance and cybersecurity risks, and the need to prepare for varied outcomes as AI investment accelerates.
Catarina SaraivaUS Federal Reserve Holds Rates: Warsh's First Policy Meeting (2026)
The article reports that the U.S. Federal Reserve, under new chair Kevin Warsh, kept interest rates at 3.5% to 3.75%, dropped forward guidance to enhance market pricing, projects a quarter-point rate rise by end-2026 with potential further hikes, and notes geopolitical factors (oil prices and Middle East tensions) that could influence future inflation and policy decisions.

