Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2027 be above 1.00%?

Above 1.00%activebinarygreater

Public page Open on kalshi.com

Yes bid / ask

98¢ / 100¢

spread 2¢

Last trade

98¢

–

No bid / ask

0¢ / 2¢

24h volume

612 lifetime

Open interest

361

top of book 13 × 0

Closes

in 16mo

Jan 1, 2028 · 4:59 AM 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

spread–mid –

bid1398¢

Resolution rules

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

If the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2027, as published on the Federal Reserve’s official website, is above 1.00%, then the market resolves to Yes.

If the Federal Reserve specifies a single target rate rather than a target range, that target rate will be used.

Settlement sources

Federal Reserve Board of Governors

opens: Jul 29 · 6:00 PM UTC
closes: Jan 1, 2028 · 4:59 AM UTC · may close early
expires: Jan 8, 2028 · 6:30 AM UTC
floor: 1
category: Economics
event: independent outcomes

Recent trades

Most recent first. Price is the YES side.

Time	Yes	No	Size	Taker
1mo ago

Other markets in Fed funds rate at end of 2027

December 31, 2027

Event page

Market	Yes bid	Yes ask	Last	Δ	Spread	Vol 24h	OI	Vol total	Closes	Status
Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2027 be above 1.25%?Above 1.25%KXFEDFUNDSYEAR-28JAN01-T1.25	96¢	98¢	96¢	+1¢	2¢	1,370	731	2,234	in 16mo	active

Raw payload

Exactly what the API returned for this market.

Show JSON

market42

can_close_earlytrue

close_time2028-01-01T04:59:00Z

created_time2026-07-29T16:59:29.448121Z

early_close_conditionThis market will close and expire early if the economic data is released.