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KalshiCloses January 1, 2027

Number of emergency rate cuts in 2026?

0 cuts leads at 96% (about 10 in ten) on Kalshi, as of Oct 6, 21:23 UTC.

The odds

as of Oct 6, 21:23 UTC
  • 0 cuts 96% —
  • 1 cuts 2.4% −3
  • 2 cuts 1.5% −2.4
  • 3 cuts <1% −0.7
  • 4 cuts <1% —
Traded today$11K
Traded in all$498K
Favourite, 7 days−2.4 pts

0 cuts, the last 7 days

Kalshi price
25%50%75%Sep 28Oct 696%

Sep 29: 99% · Sep 30: 99% · Oct 1: 99% · Oct 2: 99% · Oct 3: 99% · Oct 4: 98% · Oct 5: 98% · Oct 6: 96%

How it resolves

Kalshi's rule, word for word
(Each outcome is its own contract. This is the rule for the favourite, 0 cuts; the others read the same way with their own outcome.) If the Fed cuts the target federal funds rate exactly 0 times at emergency meetings in 2026, 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).

Settlement sources: Federal Reserve

See it on Kalshi ↗

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