Will the Fed cut rates 0 times?
YES means Exactly 0 cuts
Effectively settled. Anyone who bought 'two cuts' in January is holding a 0¢ contract.
- 24h volume
- 4,107
- 3.01M lifetime
- Open interest
- 1.11M
- −49.5k over 7d
- Spread
- 0¢
- 15 × 25 at the touch
- 24h range
- 95¢ – 98¢
A YES contract costs 98¢ and pays $1 if it happens.
costs 3¢
An independent read of this market
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.
Order book
Resting orders, both sides shown as YES prices. Bars are size.
- ask0.0198¢
- ask0.0198¢
- ask3.0198¢
- ask3298¢
- ask0.0198¢
- ask26998¢
- ask76898¢
- ask2598¢
- bid1597¢
- bid1397¢
- bid3797¢
- bid4897¢
- bid9997¢
- bid5297¢
- bid11797¢
- bid7797¢
How this market resolves
Verbatim from Kalshi. Read this before the price.
If the Fed cuts 0 times starting Jan 1, 2026 and before 2027, then the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on).
- opened
- Sep 29, 2025 · 2:00 PM UTC
- closes
- Jan 1, 2027 · 4:59 AM UTC · may close early
- settles by
- Dec 31 · 3:00 PM UTC
- floor
- 0
- cap
- 0
- ticker
- KXRATECUTCOUNT-26DEC31-T0
This event
Outcomes in this event settle independently.
This is the only market in its event.
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.