The Federal Reserve's September 2026 meeting represents a critical moment for U.S. monetary policy. These prediction markets aggregate expectations for how the Fed will adjust its benchmark interest rate—one of the most consequential economic signals for financial markets, borrowing costs, and inflation expectations. Rather than relying on analyst surveys or traditional forecasts, these markets allow participants worldwide to express their actual beliefs through real-time price signals, creating a transparent, continuously-updated gauge of policy expectations. The five markets here cover the complete spectrum of likely Fed decisions: a 50 basis-point increase, a 25 basis-point increase, no change, a 25 basis-point decrease, and a 50 basis-point decrease. Each market's price reflects the collective confidence of participants in that specific outcome. By comparing prices across all five, you can immediately identify which scenario commands the largest consensus, which alternatives remain viable, and which outcomes markets view as unlikely. What makes these markets especially useful is their predictive power—unlike surveys or expert commentary, prediction market prices are backed by real financial stakes, with participants who forecast correctly earning returns while those who misread the outcome lose capital. This creates a powerful incentive for accuracy that shapes more reliable price signals than traditional polling or analyst consensus. When analyzing these markets, the highest-priced market typically indicates the consensus outcome; prices above 40 cents suggest substantial market confidence, while prices below 10 cents represent tail-risk scenarios. As September approaches, watch for sustained price movements—they often signal participants incorporating new economic data or shifting Fed communication before broader awareness, offering advance warning of shifting market expectations.