Fed funds rate·closes in 4mo

Will the upper bound of the federal funds rate be above 0.00% following the Fed's Jan 27, 2027 meeting?

YES means Above 0.00%

24h volume
0
1,066 lifetime
Open interest
805
+300 over 30d
Spread
31 × 475 at the touch
24h range
17 recent trades
Chance of YES
98%

A YES contract costs 99¢ and pays $1 if it happens.

NO
2%

costs

YES bid / ask
97¢ / 99¢
NO bid / ask
/
Recent buying90% YES · 10% NO
What Galdor thinks

An independent read of this market

1Reads the rules literallySettlement source, close time, and the edge cases that flip an outcome.
2Checks the tape and the webOrder book, flow, price history, then targeted searches with sources.
3Gives a straight answerA probability with a band, and one of four calls: YES, NO, wait, or stay out.

Generated by an AI analyst from live exchange data and public web sources. Research and analytics, not investment advice. Markets can move after this was written.

Price history

YES price per candle with the bid/ask band, volume underneath. Times in UTC.

85¢90¢95¢100¢volAug 22Sep 20

Order book

Resting orders, both sides shown as YES prices. Bars are size.

Yes ask (no bid)SizeYes
  • ask47599¢
spreadmid 98¢
  • bid3197¢
  • bid9996¢
  • bid50495¢
  • bid50094¢
  • bid6.3493¢
  • bid1,40892¢
  • bid191¢
  • bid1390¢
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 0.00% following the Federal Reserve's Jan 27, 2027 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 Jan 27, 2027 meeting or one week following the last day of that meeting.

opened
Oct 6, 2025 · 2:00 PM UTC
closes
Jan 27, 2027 · 6:55 PM UTC · may close early
settles by
Jan 27, 2027 · 7:05 PM UTC
floor
0
ticker
KXFED-27JAN-T0.00
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 17 trades, 90% of contracts were bought on the YES side.

WhenYESContractsSide
4d ago98¢16bought yes
4d ago97¢0.1bought no
4d ago97¢16bought no
5d ago98¢131bought yes
5d ago98¢1bought yes
5d ago98¢132bought yes
8d ago99¢25bought yes
8d ago96¢3.51bought no
8d ago97¢21bought no
2mo ago98¢0.1bought yes
2mo ago98¢10bought yes
2mo ago96¢1bought no
2mo ago98¢1bought no
2mo ago99¢2bought yes
2mo ago98¢1bought no

Prices are YES cost in cents and approximate the market’s implied probability. Data is read live from the Kalshi Trade API on every page load. galdor.xyz places no orders and holds no positions. Research and analytics, not investment advice.