Fed funds rate at year end·closes in 64mo

Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031 be above 1.50%?

YES means Above 1.50%

24h volume
0
167 lifetime
Open interest
46
Spread
49¢
210 × 10 at the touch
24h range
31 recent trades
Chance of YES
68%

A YES contract costs 89¢ and pays $1 if it happens.

NO
32%

costs 60¢

YES bid / ask
40¢ / 89¢
NO bid / ask
11¢ / 60¢
Recent buying36% YES · 64% 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
  • ask10099¢
  • ask33798¢
  • ask20090¢
  • ask1089¢
spread49¢mid 65¢
  • bid21040¢
  • bid2,09339¢
  • bid25130¢
  • bid5,22629¢
  • bid13.7k20¢
  • bid3,07613¢
  • bid23.2k10¢
  • bid230.4k
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, 2031, as published on the Federal Reserve’s official website, is above 1.50%, 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, 2032 · 4:59 AM UTC · may close early
settles by
Jan 8, 2032 · 6:30 AM UTC
floor
1.5
ticker
KXFEDFUNDSYEAR-32JAN01-T1.50
Trade it on kalshi.com

This event

Outcomes in this event settle independently.

This is the only market in its event.

Recent trades

Over the last 31 trades, 36% of contracts were bought on the YES side.

WhenYESContractsSide
22d ago68¢1bought yes
2mo ago65¢33bought no
2mo ago66¢6bought yes
2mo ago63¢15bought yes
2mo ago62¢3bought yes
2mo ago74¢3bought no
2mo ago74¢3bought no
2mo ago74¢6bought no
2mo ago74¢9bought no
2mo ago75¢3bought no
2mo ago74¢5bought no
2mo ago76¢12bought no
2mo ago74¢1bought no
2mo ago74¢5bought no
2mo ago75¢4bought 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.