This index measures market-implied expectations of a dovish U.S. Federal Reserve monetary policy stance by aggregating across multiple binary outcomes from underlying prediction markets. Constituent questions cover cumulative rate-cut occurrence over the calendar year, single-meeting decision outcomes, depth-of-cycle threshold pricing on the federal funds lower bound, and tail-risk active tightening. Index movements reflect changes in market-implied expectations of accommodative Fed policy across these dimensions, not point predictions of any single rate decision. The index is paired with USHAWK, which measures the inverse expectation.
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Theoretical index level — midpoint-based, before fees, spreads, and slippage. Past performance does not guarantee future results.
The Belief U.S. Monetary Policy Dovish Stance Expectations Index surged 53.9% to 48.64, recovering ground lost during the Iran conflict escalation. Trump's confirmation that the Strait of Hormuz remains open to all traffic except Iran eased supply-shock fears, restoring some case for Fed easing this year.
This index measures market-implied expectations of a dovish U.S. Federal Reserve monetary policy stance by aggregating across multiple binary outcomes from underlying prediction markets. Constituent questions cover cumulative rate-cut occurrence over the calendar year, single-meeting decision outcomes, depth-of-cycle threshold pricing on the federal funds lower bound, and tail-risk active tightening. Index movements reflect changes in market-implied expectations of accommodative Fed policy across these dimensions, not point predictions of any single rate decision. The index is paired with USHAWK, which measures the inverse expectation.
Performance data as of Jul 17, 2026. Past performance does not guarantee future results.
Contribution = weight × midpoint price. Total contribution equals Raw NAV.
This index is periodically rebalanced to keep tracking the most relevant, liquid prediction markets. Each event below records the markets added to the index – follow any market to view it on the live source.
This index is provided for informational and research purposes only and does not constitute investment advice or a recommendation. Belief Systems does not operate an exchange or facilitate wagering. Index values are derived from prediction market prices, which reflect market participants' expectations rather than certainties, and are theoretical and non-executable. Past performance does not guarantee future results.