Market Data Evidence

Immediately after the Jackson Hole keynote the CME FedWatch tool showed a 57.5% probability that the Committee raises the federal funds rate by 25 basis points on September 16, up from 35.4% a day earlier - a 22-point single-session repricing that turned the September decision into a coin flip. The repricing extended into September, with fed funds futures showing roughly two-thirds odds by September 1 while prediction markets stayed nearer even.

Provenance — node opacity = source trust
Evidence Strength
Strong
Evidence Observed At
Aug 28, 2026 · 8:00 PM UTC
Citation
https://www.cnbc.com/2026/08/28/-september-fed-decision-now-a-coin-flip-as-rate-hike-odds-increase.html
Citation Source
cnbc
Market Metric
Rate Path Expectations
Observed Value
0.575