An account purchased $278,000 in a position betting that the Fed will hold rates steady in September

Monitoring by the PPP Prediction Market Tool shows that in the Polymarket event "Will the Fed hold interest rates steady in September?", an account (0xfbe66593e49c4e7a7180a2582f041158bfb800f8) that has earned over $160,000 in profit over the past month purchased $278,000 worth of shares betting the Fed will keep rates unchanged in September, at an average entry price of 50.7¢, holding 389,715.1 shares.

According to the settlement rules, this market will settle based on the interest rate change following the Fed's September 2026 FOMC meeting. If the rate adjustment magnitude does not fall within existing options, it will be rounded up to the nearest 25 basis points—for example, a 12.5 basis point rate cut or hike would be calculated as 25 basis points. If no relevant statement is released before the meeting concludes, the event will settle as "unchanged."

The Fed's next FOMC meeting is scheduled for September 15-16, 2026. Previously, at its July meeting, the FOMC voted 9 to 3 to hold interest rates steady.

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