Will the Federal Reserve hike rates by December 31, 2027?

Before 2028activebinary

Public page Open on kalshi.com

Yes bid / ask

93¢ / 94¢

spread 1¢

Last trade

94¢

+2¢

No bid / ask

6¢ / 7¢

24h volume

167

1,749 lifetime

Open interest

1,572

top of book 2,500 × 1,000

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

Resolution rules

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

If the Federal Reserve announces an increase in the target range or target level for the federal funds rate after market Issuance and on or before Dec 31, 2027, then the market resolves to Yes.

Settlement sources

Federal Reserve

opens: Sep 16 · 8:30 PM UTC
closes: Jan 1, 2028 · 4:59 AM UTC · may close early
expires: Dec 31, 2028 · 3:00 PM UTC
category: Economics
event: independent outcomes

Recent trades

Most recent first. Price is the YES side.

Time	Yes	No	Size	Taker
22h ago	94¢	6¢	167

Other markets in Next Fed rate hike?

Fed rate hike

Event page

Market	Yes bid	Yes ask	Last	Δ	Spread	Vol 24h	OI	Vol total	Closes	Status
Will the Federal Reserve hike rates by December 31, 2026?Before 2027KXFEDHIKE-2-26DEC31	85¢	86¢	85¢	–	1¢	554	12.2k	15.6k	in 3mo	active
Will the Federal Reserve hike rates by June 30, 2027?

Raw payload

Exactly what the API returned for this market.

Show JSON

market41

can_close_earlytrue

close_time2028-01-01T04:59:00Z

created_time2026-09-16T19:51:36.867455Z

early_close_conditionIf this event occurs, the market will close the following 10am ET.