Recent Federal Reserve projections and resilient economic data underpin the 65.5% market-implied probability that the U.S. avoids recession through end-2027. The September 2026 FOMC Summary of Economic Projections shows median GDP growth of 2.3% for 2026 and 2.4% for 2027, with the unemployment rate holding at 4.1% and core PCE inflation declining toward 2.5% by year-end 2027. A solid labor market, with August payroll gains of 162,000 and unemployment near 4.1%, alongside positive real GDP prints, supports expansion despite the recent 25-basis-point rate hike to 3.75–4.00%. Traders price in policy support and the absence of sharp downturn signals such as Sahm Rule breaches. Key near-term catalysts include upcoming CPI and PCE releases, October FOMC deliberations, and quarterly GDP revisions that could influence rate-path expectations.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated1. The seasonally adjusted annualized percent change in quarterly U.S. real GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q2 2025 and Q4 2027 (inclusive), as reported by the Bureau of Economic Analysis (BEA).
2. The National Bureau of Economic Research (NBER) publicly announces that a recession has occurred in the United States, at any point during 2025, 2026, or 2027, with the announcement made by the time the BEA releases the advance estimate for Q4 2027.
Otherwise, this market will resolve to "No".
Note that advance estimates will be considered. For example, if upon release, the advance estimate for Q3 2026 was negative, and the Q2 2026's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2027 the latest estimate for quarterly GDP in Q3 2026 was negative, this market will stay open until the Advance estimate of Q4 2027 is published, at which point it will resolve to "Yes" if Q4 2027 was negative or if the NBER declares a recession by then.
This market will remain open until either i) one of the specified conditions is met; or ii) the GDP advance estimate for Q4 2027 is released. If the GDP advance estimate for Q4 2026 has not been released by June 30, 2028, 11:59 PM ET, this market will resolve based on the available releases at that time.
The resolution source will be the official announcements from the NBER and the BEA’s estimate of seasonally adjusted annualized percent change in quarterly US real GDP from previous quarters as released by the Bureau of Economic Analysis (BEA), https://www.bea.gov/data/gdp/gross-domestic-product
Market Opened: Aug 7, 2026, 3:43 PM ET
Resolver
0x65070BE91...1. The seasonally adjusted annualized percent change in quarterly U.S. real GDP from the previous quarter is less than 0.0 for two consecutive quarters between Q2 2025 and Q4 2027 (inclusive), as reported by the Bureau of Economic Analysis (BEA).
2. The National Bureau of Economic Research (NBER) publicly announces that a recession has occurred in the United States, at any point during 2025, 2026, or 2027, with the announcement made by the time the BEA releases the advance estimate for Q4 2027.
Otherwise, this market will resolve to "No".
Note that advance estimates will be considered. For example, if upon release, the advance estimate for Q3 2026 was negative, and the Q2 2026's most recent, up-to-date estimate was also negative, this market would resolve to "Yes". If on December 31, 2027 the latest estimate for quarterly GDP in Q3 2026 was negative, this market will stay open until the Advance estimate of Q4 2027 is published, at which point it will resolve to "Yes" if Q4 2027 was negative or if the NBER declares a recession by then.
This market will remain open until either i) one of the specified conditions is met; or ii) the GDP advance estimate for Q4 2027 is released. If the GDP advance estimate for Q4 2026 has not been released by June 30, 2028, 11:59 PM ET, this market will resolve based on the available releases at that time.
The resolution source will be the official announcements from the NBER and the BEA’s estimate of seasonally adjusted annualized percent change in quarterly US real GDP from previous quarters as released by the Bureau of Economic Analysis (BEA), https://www.bea.gov/data/gdp/gross-domestic-product
Resolver
0x65070BE91...Recent Federal Reserve projections and resilient economic data underpin the 65.5% market-implied probability that the U.S. avoids recession through end-2027. The September 2026 FOMC Summary of Economic Projections shows median GDP growth of 2.3% for 2026 and 2.4% for 2027, with the unemployment rate holding at 4.1% and core PCE inflation declining toward 2.5% by year-end 2027. A solid labor market, with August payroll gains of 162,000 and unemployment near 4.1%, alongside positive real GDP prints, supports expansion despite the recent 25-basis-point rate hike to 3.75–4.00%. Traders price in policy support and the absence of sharp downturn signals such as Sahm Rule breaches. Key near-term catalysts include upcoming CPI and PCE releases, October FOMC deliberations, and quarterly GDP revisions that could influence rate-path expectations.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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