Will the upper bound of the federal funds rate be above 4.50% following the Fed's Dec 9, 2026 meeting?

Above 4.50%activebinarygreater

Public page Open on kalshi.com

Yes bid / ask

1¢ / 4¢

spread 3¢

Last trade

4¢

+3¢

No bid / ask

96¢ / 99¢

24h volume

80

3,585 lifetime

Open interest

2,763

top of book 5,000 × 1,044

Closes

in 3mo

Dec 9 · 6:55 PM UTC

YES price

Close per candle with bid/ask band; volume below. Times in UTC.

24h · 1m 7d · 1h 30d · 1h 90d · 1d

Order book

Top of book, both sides expressed as YES prices.

Yes ask (no bid)SizeYes

ask6,34742¢

Resolution rules

Verbatim from the venue. The analyst must quote these, never paraphrase.

If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 4.50% following the Federal Reserve's Dec 9, 2026 meeting, then the market resolves to Yes.

This market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Dec 9, 2026 meeting or one week following the last day of that meeting.

opens: Aug 6, 2025 · 2:30 PM UTC
closes: Dec 9 · 6:55 PM UTC · may close early
expires: Dec 9 · 7:05 PM UTC
floor: 4.5

Recent trades

Most recent first. Price is the YES side.

No trades yet.

Raw payload

Exactly what the API returned for this market.

Show JSON

market41

can_close_earlytrue

close_time2026-12-09T18:55:00Z

created_time2025-08-06T14:29:24.100134Z

event_tickerKXFED-26DEC

exchange_index

ask1,02539¢

ask2,06438¢

ask30011¢

ask53610¢

ask299¢

ask4,6785¢

ask1,0444¢

spread3¢mid 3¢

bid5,0001¢

Yes bid (no ask)SizeYes

0

expected_expiration_time2026-12-09T19:05:00Z

expiration_time2026-12-16T19:05:00Z

expiration_value

floor_strike4.5

last_price_dollars0.0400

latest_expiration_time2026-12-16T19:05:00Z

liquidity_dollars0.0000

market_typebinary

no_ask_dollars0.9900

no_bid_dollars0.9600

no_sub_titleAbove 4.50%

notional_value_dollars1.0000

open_interest_fp2763.47

open_time2025-08-06T14:30:00Z

previous_price_dollars0.0100

previous_yes_ask_dollars0.0400

previous_yes_bid_dollars0.0100

price_level_structurelinear_cent

price_ranges1

[0]3

end1.0000

start0.0000

step0.0100

result

rules_primaryIf the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 4.50% following the Federal Reserve's Dec 9, 2026 meeting, then the market resolves to Yes.

rules_secondaryThis market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Dec 9, 2026 meeting or one week following the last day of that meeting.

settlement_timer_seconds300