ECB Interest Rates: December 2026
76%25 bps increase
- 25 bps increase76%▲ 1
- No change20%
- 50+ bps increase2%
- 25 bps decrease2%
1 more
- 50+ bps decrease1%
Install
European Central Bank rate decision in December (Dec 17, 2026 meeting)
The odds
72%Hike 1-25bps
- Hike 1-25bps72%
- Maintain current rate19%▼ 1
- Hike more than 25bps4%▼ 1
- Cut more than 25bps3%▲ 1
- Cut 1-25bps2%▼ 1
How the odds have moved
Hike 1-25bps: 72% on Oct 13, 72% now.
Each outcome's chance over time, from its prices on Kalshi.
Every outcome
| Outcome | Chance | Day | Bid | Ask | Contracts |
|---|---|---|---|---|---|
| Hike 1-25bps | 72% | 72¢ | 76¢ | 1.1K | |
| Maintain current rate | 19% | ▼ 1 | 18¢ | 21¢ | 404 |
| Hike more than 25bps | 4% | ▼ 1 | 2¢ | 6¢ | 249 |
| Cut more than 25bps | 3% | ▲ 1 | 1¢ | 5¢ | 35.00 |
| Cut 1-25bps | 2% | ▼ 1 | 1¢ | 3¢ | 36.00 |
The same question on Polymarket
Shown side by side, not averaged: each venue's rules decide its own market.
More on this question
All central banks & rates ›ECB Interest Rates: October 2026
89%No change
- No change89%▼ 2
- 25 bps increase10%▲ 3
- 50+ bps decrease<1%
- 25 bps decrease<1%
1 more
- 50+ bps increase<1%
Fed Decision in October?
80%No change
- No change80%▼ 3
- 25 bps increase18%▲ 2
- 25 bps decrease1%
- 50+ bps increase<1%
1 more
- 50+ bps decrease<1%
How many Fed rate cuts in 2026?
97%0 (0 bps)
- 0 (0 bps)97%▲ 1
- 1 (25 bps)2%
- 2 (50 bps)1%
- 3 (75 bps)<1%
9 more
- 4 (100 bps)<1%
- 5 (125 bps)<1%
- 6 (150 bps)<1%
- 7 (175 bps)<1%
- 8 (200 bps)<1%
- 9 (225 bps)<1%
- 10 (250 bps)<1%
- 11 (275 bps)<1%
- 12+ (300+ bps)<1%
What will the Fed rate be at the end of 2026?
4.21%median
0.88%4.63%
Median 4.21%Middle half 4.06% – 4.33%
Fed Decision in December?
74%25 bps increase
- 25 bps increase74%▲ 1
- No change22%
- 50+ bps increase3%
- 25 bps decrease1%
1 more
- 50+ bps decrease<1%
Fed rate cut by...?
53%July 2027 Meeting
- July 2027 Meeting53%▼ 1
- June 2027 Meeting37%
- April 2027 Meeting31%▼ 2
- March 2027 Meeting16%▼ 1
3 more
- January 2027 Meeting5%
- December 2026 Meeting3%
- October 2026 Meeting1%
Odds are traders' prices on Kalshi and Polymarket, not forecasts by 4Conservative. Read from the venues just now. Prices may be delayed up to 15 min. Not investment advice.
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