Will the Federal Reserve Cut rates by >25bps at their January 2027 meeting?
YES means Cut >25bps
- 24h volume
- 0
- 8,652 lifetime
- Open interest
- 6,271
- Spread
- 1¢
- 73 × 8,469 at the touch
- 24h range
- –
- 50 recent trades
A YES contract costs 3¢ and pays $1 if it happens.
costs 98¢
An independent read of this market
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.
Order book
Resting orders, both sides shown as YES prices. Bars are size.
- ask3934¢
- ask233¢
- ask32010¢
- ask219¢
- ask5638¢
- ask427¢
- ask3026¢
- ask8,4693¢
- bid732¢
- bid2,0751¢
How this market resolves
Verbatim from Kalshi. Read this before the price.
If the Federal Reserve does a Cut of 25bps on January 27, 2027, 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.
- opened
- Sep 29, 2025 · 2:00 PM UTC
- closes
- Jan 27, 2027 · 6:59 PM UTC · may close early
- settles by
- Jan 27, 2027 · 7:05 PM UTC
- ticker
- KXFEDDECISION-27JAN-C26
Other outcomes in this event
Mutually exclusive: YES prices should add to about $1.00 (they add to 101¢).
Recent trades
Over the last 50 trades, 89% of contracts were bought on the YES side.
| When | YES | Contracts | Side |
|---|---|---|---|
| 1d ago | 3¢ | 31 | bought yes |
| 2d ago | 3¢ | 156 | bought yes |
| 4d ago | 2¢ | 10 | bought yes |
| 5d ago | 5¢ | 157 | bought yes |
| 5d ago | 5¢ | 31 | bought yes |
| 6d ago | 6¢ | 130 | bought yes |
| 6d ago | 5¢ | 5 | bought yes |
| 6d ago | 5¢ | 26 | bought yes |
| 13d ago | 5¢ | 19 | bought yes |
| 18d ago | 4¢ | 7 | bought yes |
| 27d ago | 2¢ | 660 | bought yes |
| 27d ago | 2¢ | 30 | bought yes |
| 27d ago | 2¢ | 133 | bought yes |
| 28d ago | 2¢ | 297 | bought yes |
| 28d ago | 2¢ | 866 | bought yes |
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.