Fed meeting·closes in 12mo

Will the Federal Reserve Cut rates by 25bps at their September 2027 meeting?

YES means Cut 25bps

24h volume
0
467 lifetime
Open interest
245
+0 over 7d
Spread
82 × 3 at the touch
24h range
21 recent trades
Chance of YES
6%

A YES contract costs 19¢ and pays $1 if it happens.

NO
94%

costs 90¢

YES bid / ask
10¢ / 19¢
NO bid / ask
81¢ / 90¢
Recent buying52% YES · 48% 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.

0¢10¢20¢30¢volSep 14Sep 20

Order book

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

Yes ask (no bid)SizeYes
  • ask4847¢
  • ask146¢
  • ask10125¢
  • ask51623¢
  • ask12622¢
  • ask2321¢
  • ask320¢
  • ask319¢
spreadmid 14¢
  • bid8210¢
  • bid475
  • bid5
  • bid205
  • bid505
  • bid1,172
  • bid1,138
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 September 15, 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.

Settlement sources
opened
Oct 6, 2025 · 2:00 PM UTC
closes
Sep 15, 2027 · 5:59 PM UTC · may close early
settles by
Sep 15, 2027 · 6:05 PM UTC
ticker
KXFEDDECISION-27SEP-C25
Trade it on kalshi.com

Other outcomes in this event

Mutually exclusive: YES prices should add to about $1.00 (they add to 95¢).

Recent trades

Over the last 21 trades, 52% of contracts were bought on the YES side.

WhenYESContractsSide
4d ago1bought no
9d ago1bought no
9d ago1bought no
20d ago24¢1bought no
20d ago23¢1bought yes
20d ago24¢12bought yes
1mo ago1bought no
2mo ago2bought no
2mo ago10¢56bought no
2mo ago17¢12bought yes
2mo ago17¢46bought yes
2mo ago13¢2.25bought yes
2mo ago13¢3.45bought yes
2mo ago13¢31bought yes
2mo ago1bought 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.