Will the Federal Reserve Cut rates by >25bps at their December 2027 meeting?

Cut >25bpsactivebinarycustom

Public page Open on kalshi.com

Yes bid / ask

3¢ / 13¢

spread 10¢

Last trade

4¢

−4¢

No bid / ask

87¢ / 97¢

24h volume

26

11.1k lifetime

Open interest

659

top of book 16 × 772

Closes

in 15mo

Dec 8, 2027 · 6:59 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

ask1,37746¢
ask14741¢

Resolution rules

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

If the Federal Reserve does a Cut of 25bps on December 08, 2027, then the market resolves to Yes.

This market is mutually exclusive. Therefore, if the Federal Reserve hikes by 50bps, the 50bps market will resolve to Yes and the 25bps market will resolve to No. Only one bucket, at maximum, can resolve to Yes. Note 4/28/25: For the markets beginning after the May meeting, if a scheduled FOMC meeting is canceled and does not occur on its scheduled date, then the strike for "Fed maintains rate" will resolve to Yes and all others will resolve to No.

opens: Oct 6, 2025 · 2:00 PM UTC
closes: Dec 8, 2027 · 6:59 PM UTC · may close early
expires: Dec 8, 2027 · 7:05 PM UTC

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_time2027-12-08T18:59:00Z

created_time2025-10-02T21:52:54.966911Z

custom_strike1

ask5040¢

ask124¢

ask9518¢

ask5417¢

ask1114¢

ask77213¢

spread10¢mid 8¢

bid163¢
bid2052¢
bid1,0061¢

Yes bid (no ask)SizeYes

Cut

>25

event_tickerKXFEDDECISION-27DEC

exchange_index0

expected_expiration_time2027-12-08T19:05:00Z

expiration_time2028-03-08T19:01:00Z

expiration_value

last_price_dollars0.0400

latest_expiration_time2028-03-08T19:01:00Z

liquidity_dollars0.0000

market_typebinary

no_ask_dollars0.9700

no_bid_dollars0.8700

no_sub_titleCut >25bps

notional_value_dollars1.0000

open_interest_fp659.08

open_time2025-10-06T14:00:00Z

previous_price_dollars0.0800

previous_yes_ask_dollars0.1200

previous_yes_bid_dollars0.0800

price_level_structurelinear_cent

price_ranges1

[0]3

end1.0000

start0.0000

step0.0100

result

rules_primaryIf the Federal Reserve does a Cut of 25bps on December 08, 2027, then the market resolves to Yes.

rules_secondaryThis market is mutually exclusive. Therefore, if the Federal Reserve hikes by 50bps, the 50bps market will resolve to Yes and the 25bps market will resolve to No. Only one bucket, at maximum, can resolve to Yes. Note 4/28/25: For the markets beginning after the May meeting, if a scheduled FOMC meeting is canceled and does not occur on its scheduled date, then the strike for "Fed maintains rate" will resolve to Yes and all others will resolve to No.

settlement_timer_seconds297