Trader Buys Polymarket Contracts on September 2026 Fed Rate Hike and No Cut

A Polymarket trader with more than $270,000 in recent profits bought $938,000 worth of contracts betting that the Federal Reserve will raise rates by 25 basis points in September, at an average entry price of 39.3 cents. According to Odaily, the same account also holds about $3.06 million in contracts betting that the Fed will not cut rates by 25 basis points, with an average entry price of 98.2 cents. The market will settle based on the Fed's rate change after the September 2026 FOMC meeting. If the rate move is not one of the listed options, it will be rounded up to the nearest 25 basis points; if no related statement is released before the meeting ends, the event will settle as unchanged. The next FOMC meeting is scheduled for September 15-16, 2026.