Fed funds rate at year end·closes in 89mo

Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2033 be above 4.25%?

YES means Above 4.25%

24h volume
0
286 lifetime
Open interest
143
Spread
24¢
8 × 5 at the touch
24h range
12 recent trades
Chance of YES
37%

A YES contract costs 56¢ and pays $1 if it happens.

NO
63%

costs 68¢

YES bid / ask
32¢ / 56¢
NO bid / ask
44¢ / 68¢
Recent buying60% YES · 40% 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
  • ask7,03391¢
  • ask4,12987¢
  • ask39382¢
  • ask20080¢
  • ask5179¢
  • ask17358¢
  • ask10057¢
  • ask556¢
spread24¢mid 44¢
  • bid832¢
  • bid2913¢
  • bid10012¢
  • bid24011¢
  • bid532
  • bid66
  • bid2,901
  • bid12.1k
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, 2033, as published on the Federal Reserve’s official website, is above 4.25%, 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, 2034 · 4:59 AM UTC · may close early
settles by
Jan 8, 2034 · 6:30 AM UTC
floor
4.25
ticker
KXFEDFUNDSYEAR-34JAN01-T4.25
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 12 trades, 60% of contracts were bought on the YES side.

WhenYESContractsSide
22d ago37¢5bought no
27d ago38¢138bought yes
27d ago41¢25bought no
27d ago41¢25bought no
27d ago41¢25bought no
1mo ago35¢29bought yes
1mo ago35¢2bought yes
1mo ago34¢31bought no
2mo ago35¢2bought yes
2mo ago34¢2bought no
2mo ago23¢2bought yes
2mo ago22¢0.01bought 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.