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A certain account purchased $938,000 in bets on the Fed raising interest rates by 25 basis points in September

2026-08-30 05:11

Monitoring by the PPP prediction market tool shows that in the Polymarket event "Will the Fed maintain interest rates unchanged in September," an account (0x3a8aa345d5db7ec5138298c8c4f4540259be7699) that has earned over $270,000 in profit in the past week purchased $938,000 worth of shares betting that the Fed will raise interest rates by 25 basis points in September. The average entry price was 39.3¢, with a position of 2,017,336.0 shares. Additionally, the account holds approximately $3.06 million in shares betting that the Fed will NOT cut interest rates by 25 basis points in September, with an average entry price of 98.2¢.

According to the settlement rules, this market will settle based on interest rate changes following the Fed's FOMC meeting in September 2026. If the rate adjustment magnitude is not among the existing options, it will be rounded up to the nearest 25 basis points—for example, a cut or hike of 12.5 basis points will 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 will take place from September 15 to 16, 2026.

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