macro · settles Dec 9, 2026

Fed funds upper bound at or below 3.50% after the December FOMC

AI Baseline25.0%refreshed yesterday
Fed ≤ 3.50% · Oct FOMC resolves YES today → Fed ≤ 3.50% · Dec FOMC 25.0% → 95.6% (+71 pts) +71 ptsCore CPI ≥ 0.3% · Oct resolves YES today → Fed ≤ 3.50% · Dec FOMC 25.0% → 14.5% (−11 pts) −11 ptsPayrolls < 100k · Nov resolves YES today → Fed ≤ 3.50% · Dec FOMC 25.0% → 42.3% (+17 pts) +17 ptsBrent ≥ $100 · Dec 4 resolves YES today → Fed ≤ 3.50% · Dec FOMC 25.0% → 14.5% (−11 pts) −11 ptsQ3 GDP negative · advance print resolves YES today → Fed ≤ 3.50% · Dec FOMC 25.0% → 55.7% (+31 pts) +31 ptsBank failure > $50B · by Dec 1 resolves YES today → Fed ≤ 3.50% · Dec FOMC 25.0% → 67.0% (+42 pts) +42 ptsSPY < $650 · by Dec 1 resolves YES today → Fed ≤ 3.50% · Dec FOMC 25.0% → 51.4% (+26 pts) +26 ptsFed funds upper bound at or below 3.50% after the December FOMC AI Baseline 25.0% — The AI's live standalone estimate that this event resolves YES, informed by market prices where a market exists. It is not computed from the arrows—those show how it would move, not where it comes from.Fed ≤ 3.50% · Dec FOMCAI 25.0% · Dec 9, 2026Fed funds upper bound at or below 3.50% after the October FOMCFed ≤ 3.50% · Oct FOMCAI 17.0% · Oct 28, 2026Core CPI rises 0.3% or more in October (November 10 release)Core CPI ≥ 0.3% · OctAI 40.0% · Nov 10, 2026Payrolls below +100k in November (December 4 release)Payrolls < 100k · NovAI 35.0% · Dec 4, 2026Brent crude closes at $100 or higher on December 4Brent ≥ $100 · Dec 4AI 28.0% · Dec 4, 2026Q3 2026 advance GDP print is negativeQ3 GDP negative · advanceprintAI 15.0% · Oct 29, 2026A US bank above $50B in assets enters FDIC receivership before December 1Bank failure > $50B · byDec 1AI 4.0% · Dec 1, 2026SPY closes below $650 before December 1SPY < $650 · by Dec 1AI 18.0% · Dec 1, 2026

Inbound catalysts on the left, this event in the center, the events it influences on the right. Click any event name to re-root the network there; click a connecting curve to apply your estimate to that dependency.

Each value shows how this event's probability would shift if that catalyst resolved YES today. Shifts are separate what-ifs—they don't add together. To ask what happens when several move at once, use Scenarios.

Read the methodology