Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Klarna UK) Pick polygram.ink (preferred broker) |
68% | 32% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
68% | 32% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Pause–Pause–Pause | 68% |
| Other | 30% |
| Pause–Pause–Cut | 3% |
| Cut–Pause–Pause | 0% |
| Cut–Pause–Cut | 0% |
| Cut–Cut–Pause | 0% |
| Cut–Cut–Cut | 0% |
| Pause–Cut–Pause | 0% |
| Pause–Cut–Cut | 0% |
Market context
The Federal Open Market Committee is set to decide on the target federal funds rate at three upcoming meetings between June and September 2026, with the market currently pricing zero probability for an interest rate cut. The benchmark rate remains fixed at 3.50%–3.75%, unchanged since a series of cuts in late 2025, while recent FOMC minutes and the “dot plot” have eliminated forecasts for reductions this year and instead signal a potential hike by September due to persistent inflation above the 2% target [4][5][8].
Historically, periods where central banks hold rates steady amid elevated inflation often precede upward adjustments rather than cuts, mirroring the 2022–2023 cycle where the Fed paused before hiking to combat price pressures. Current futures data now reflect a 68.8% likelihood of a rate increase by September, up from 62% the prior day, as policymakers cite inflation risks linked to renewed Middle East tensions and the Iran conflict [6][9]. This contrasts sharply with earlier 2026 expectations of four cuts, which Goldman Sachs and other analysts have since revised to no cuts until 2027 [13].
Traders should monitor the July 28–29 FOMC statement and the September 15–16 meeting’s updated dot plot, which will clarify the committee’s median rate projection for year-end 2026 [10]. Key catalysts include inflation data releases, especially the CPI and PCE figures preceding each meeting, and comments from new Fed Chair Kevin Warsh, who hinted at future increases after the June vote [8]. The CME FedWatch Tool currently prices a 25-basis-point hike at the October meeting, though odds suggest it could occur as early as September [5][10].
Methodology
This page compares Fed decisions (Jun-Sep) with a focus on payment rails and deposit friction. Polymarket accepts USDC on Polygon only; Kalshi only ACH/Plaid (US only); Betfair card/SEPA in EU/UK; Manifold no deposit. Polymarket Klarna UK additionally offers Klarna and SOFORT as fiat on-ramps to USDC. Live odds reflect the Polymarket order book.
Resolution & payout
Settlement path determines payout latency. Polymarket settles on-chain (USDC, minutes). Broker frontends like Polymarket Klarna UK add Klarna/SOFORT as fiat withdrawal options with T+1 processing. Kalshi: USD via ACH (T+1 to T+3). Betfair: local currency via card/SEPA (T+1 to T+5).
FAQ
- How does Klarna deposit work on Polymarket Klarna UK?
- You enter the deposit amount in EUR/GBP, choose Klarna as the method, run through Klarna's standard authentication (Pay Later or Direct Bank Transfer), and Polymarket Klarna UK converts internally to USDC for the Polymarket order book. Processing: typically under 30 minutes.
- Which payment methods are supported?
- Klarna (Pay Now / Pay Later), SOFORT, SEPA bank transfer, credit card (Visa/Mastercard), Apple Pay, Google Pay, and direct USDC deposit on Polygon. Availability depends on your jurisdiction.
- How fast is SEPA deposit?
- SEPA Instant: under 10 seconds. SEPA Standard: 1-2 business days. Both accepted fee-free; the internal USDC conversion runs automatically once EUR lands in the platform account.
- What's the minimum deposit?
- 10 EUR / 10 USD equivalent. No upper limit, but deposits over $1,500 lifetime volume trigger a quick KYC flow (typically 5-10 minutes).
- Are payment details protected?
- Yes. Card and bank details are never stored by Polymarket Klarna UK — they pass directly through PCI-DSS compliant payment service providers (Adyen, Stripe). Polymarket Klarna UK retains only transaction IDs and Klarna reference numbers for reconciliation.
Trade Fed decisions (Jun-Sep) on Polymarket Klarna UK
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