Fed funds rate at year end·closes in 16mo

Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2027 be above 2.00%?

YES means Above 2.00%

24h volume
0
233 lifetime
Open interest
164
+0 over 7d
Spread
5 × 897 at the touch
24h range
36 recent trades
Chance of YES
93%

A YES contract costs 98¢ and pays $1 if it happens.

NO
7%

costs

YES bid / ask
93¢ / 98¢
NO bid / ask
/
Recent buying89% YES · 11% 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¢volSep 14Sep 21

Order book

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

Yes ask (no bid)SizeYes
  • ask10.0k99¢
  • ask89798¢
spreadmid 96¢
  • bid593¢
  • bid18992¢
  • bid40091¢
  • bid389¢
  • bid4966¢
  • bid7,49165¢
  • bid10.0k64¢
  • bid1,78063¢
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2027, as published on the Federal Reserve’s official website, is above 2.00%, then the market resolves to Yes.

If the Federal Reserve specifies a single target rate rather than a target range, that target rate will be used.

opened
Jul 29 · 6:00 PM UTC
closes
Jan 1, 2028 · 4:59 AM UTC · may close early
settles by
Jan 8, 2028 · 6:30 AM UTC
floor
2
ticker
KXFEDFUNDSYEAR-28JAN01-T2.00
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 36 trades, 89% of contracts were bought on the YES side.

WhenYESContractsSide
20d ago93¢2.02bought no
20d ago97¢2.02bought yes
1mo ago95¢2.09bought yes
1mo ago92¢58bought yes
1mo ago92¢25bought yes
1mo ago92¢25bought yes
2mo ago90¢16bought yes
2mo ago90¢1bought yes
2mo ago84¢8bought yes
2mo ago83¢7bought yes
2mo ago83¢2bought yes
2mo ago83¢2bought yes
2mo ago83¢6bought yes
2mo ago83¢10bought yes
2mo ago84¢10bought 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.