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Fed meeting·closes in 3mo

Will the Federal Reserve Cut rates by 25bps at their December 2026 meeting?

YES means Cut 25bps

24h volume
550
84.7k lifetime
Open interest
66.2k
Spread
1¢
7,468 × 23.5k at the touch
24h range
–
Chance of YES
2%

A YES contract costs 2¢ and pays $1 if it happens.

NO
98%

costs 99¢

YES bid / ask
1¢ / 2¢
NO bid / ask
98¢ / 99¢
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.

24h7d30d90d
Not enough history to chart.

Order book

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

Yes ask (no bid)SizeYes
  • ask3479¢
  • ask10.0k8¢
  • ask1717¢
  • ask1316¢
  • ask315¢
  • ask314¢
  • ask4,0013¢
  • ask23.5k2¢
spread1¢mid 2¢
  • bid7,4681¢
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If the Federal Reserve does a Cut of 25bps on December 09, 2026, 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.

Settlement sources
opened
Sep 29, 2025 · 2:00 PM UTC
closes
Dec 9 · 6:59 PM UTC · may close early
settles by
Dec 9 · 7:05 PM UTC
ticker
KXFEDDECISION-26DEC-C25
Trade it on kalshi.com

Other outcomes in this event

Mutually exclusive: YES prices should add to about $1.00 (they add to 102¢).

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.