Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2028 be above 1.00%?

Above 1.00%activebinarygreater

Public page Open on kalshi.com

Yes bid / ask

66¢ / 100¢

spread 34¢

Last trade

90¢

–

No bid / ask

0¢ / 34¢

24h volume

0

596 lifetime

Open interest

402

top of book 100 × 0

Closes

in 28mo

Jan 1, 2029 · 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.

Order book unavailable.

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, 2028, 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.

opens: Jul 29 · 6:00 PM UTC
closes: Jan 1, 2029 · 4:59 AM UTC · may close early
expires: Jan 8, 2029 · 6:30 AM UTC
floor: 1

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

market42

can_close_earlytrue

close_time2029-01-01T04:59:00Z

created_time2026-07-29T17:19:03.840322Z

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

event_ticker

KXFEDFUNDSYEAR-29JAN01

exchange_index0

expected_expiration_time2029-01-08T06:30:00Z

expiration_time2029-01-08T06:30:00Z

expiration_value

floor_strike1

last_price_dollars0.9000

latest_expiration_time2029-01-08T06:30:00Z

liquidity_dollars0.0000

market_typebinary

no_ask_dollars0.3400

no_bid_dollars0.0000

no_sub_titleAbove 1.00%

notional_value_dollars1.0000

occurrence_datetime2029-01-01T06:30:00Z

open_interest_fp402.01

open_time2026-07-29T18:00:00Z

previous_price_dollars0.9000

previous_yes_ask_dollars1.0000

previous_yes_bid_dollars0.6600

price_level_structurelinear_cent

price_ranges1

[0]3

end1.0000

start0.0000

step0.0100

result

rules_primaryIf the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2028, as published on the Federal Reserve’s official website, is above 1.00%, then the market resolves to Yes.

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