Fed meeting·closes in 12mo

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

YES means Hike 25bps

24h volume
0
597 lifetime
Open interest
388
+309 over 90d
Spread
100 × 100 at the touch
24h range
2¢ – 61¢
28 recent trades
Chance of YES
20%

A YES contract costs 27¢ and pays $1 if it happens.

NO
80%

costs 82¢

YES bid / ask
18¢ / 27¢
NO bid / ask
73¢ / 82¢
24h low 24h high 61¢
Recent buying74% YES · 26% 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¢25¢50¢volJun 24Sep 20

Order book

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

Yes ask (no bid)SizeYes
  • ask98649¢
  • ask16148¢
  • ask247¢
  • ask30036¢
  • ask2735¢
  • ask7530¢
  • ask14028¢
  • ask10027¢
spreadmid 23¢
  • bid10018¢
  • bid15817¢
  • bid112¢
  • bid4611¢
  • bid30010¢
  • bid163
  • bid108
  • bid40
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If the Federal Reserve does a Hike 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-H25
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 28 trades, 74% of contracts were bought on the YES side.

WhenYESContractsSide
3d ago20¢29bought no
4d ago53¢0.01bought yes
4d ago48¢1bought yes
4d ago61¢48bought yes
4d ago33¢100bought yes
4d ago32¢100bought yes
4d ago31¢1bought yes
6d ago26¢0.03bought yes
6d ago26¢17bought yes
6d ago25¢12bought yes
9d ago36¢1bought yes
9d ago29¢2bought yes
20d ago1bought no
1mo ago1bought no
2mo ago5bought 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.