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 3.00%?

YES means Above 3.00%

24h volume
5.58
1,645 lifetime
Open interest
1,141
Spread
5 × 187 at the touch
24h range
50 recent trades
Chance of YES
91%+1

A YES contract costs 91¢ and pays $1 if it happens.

NO
9%

costs 15¢

YES bid / ask
85¢ / 91¢
NO bid / ask
/ 15¢
Recent buying31% YES · 69% 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.

Not enough history to chart.

Order book

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

Yes ask (no bid)SizeYes
  • ask28597¢
  • ask196¢
  • ask1295¢
  • ask194¢
  • ask2,50093¢
  • ask10392¢
  • ask18791¢
spreadmid 88¢
  • bid585¢
  • bid684¢
  • bid783¢
  • bid26381¢
  • bid64780¢
  • bid1579¢
  • bid3072¢
  • bid3554¢
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 3.00%, 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
3
ticker
KXFEDFUNDSYEAR-28JAN01-T3.00
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 50 trades, 31% of contracts were bought on the YES side.

WhenYESContractsSide
1h ago91¢0.13bought yes
8h ago91¢5.45bought yes
3d ago90¢5.51bought yes
3d ago90¢1.1bought yes
5d ago82¢300bought no
5d ago82¢173bought no
5d ago83¢42bought no
5d ago83¢5.63bought no
9d ago73¢46bought no
9d ago74¢100bought no
9d ago73¢67bought no
9d ago80¢50bought no
16d ago88¢5.63bought yes
17d ago84¢29bought yes
17d ago84¢29bought 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.