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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 4.00%?

YES means Above 4.00%

24h volume
0
322 lifetime
Open interest
191
Spread
31¢
300 × 25 at the touch
24h range
–
20 recent trades
Chance of YES
52%

A YES contract costs 51¢ and pays $1 if it happens.

NO
48%

costs 80¢

YES bid / ask
20¢ / 51¢
NO bid / ask
49¢ / 80¢
Recent buying10% YES · 90% 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.

24h7d30d90d
Not enough history to chart.

Order book

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

Yes ask (no bid)SizeYes
  • ask14.6k94¢
  • ask6,58088¢
  • ask1,06386¢
  • ask20079¢
  • ask4578¢
  • ask22053¢
  • ask10052¢
  • ask2551¢
spread31¢mid 36¢
  • bid30020¢
  • bid4510¢
  • bid2239¢
  • bid3,7908¢
  • bid1,8675¢
  • bid12.1k4¢
  • bid119.7k1¢
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 4.00%, 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.

Settlement sources
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
4
ticker
KXFEDFUNDSYEAR-32JAN01-T4.00
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 20 trades, 10% of contracts were bought on the YES side.

WhenYESContractsSide
25d ago52¢110bought no
25d ago52¢10bought no
1mo ago49¢59bought no
1mo ago48¢25bought yes
1mo ago44¢25bought no
1mo ago44¢34bought no
1mo ago44¢15bought no
1mo ago44¢10bought no
2mo ago43¢11bought no
2mo ago44¢1bought yes
2mo ago44¢2bought yes
2mo ago39¢1bought yes
2mo ago39¢1bought yes
2mo ago39¢1bought yes
2mo ago44¢1bought 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.