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KalshiCloses January 1, 2027

Number of Fed rate changes before 2027

Exactly 2 leads at 64% (about 6 in ten) on Kalshi, as of Oct 13, 19:21 UTC. It's up 6.4 points in the last 24 hours.

Exactly 2 64% ▲ 6.4 pts · 24h

The odds

as of Oct 13, 19:21 UTC
  • Exactly 2 64% +6.4
  • Exactly 1 22% —
  • Exactly 3 12% —
  • Exactly 4 1% —
  • Exactly 6 <1% —
  • Exactly 7 <1% —
  • Exactly 8 <1% —
  • Exactly 9 <1% —
Traded today$1K
Traded in all$158K
Favourite, 7 days+4.3 pts

Exactly 2, the last 7 days

Kalshi price
25%50%75%Oct 5Oct 1364%

Oct 6: 60% · Oct 7: 60% · Oct 8: 63% · Oct 9: 62% · Oct 10: 61% · Oct 11: 61% · Oct 12: 62% · Oct 13: 64%

How it resolves

Kalshi's rule, word for word
(Each outcome is its own contract. This is the rule for the favourite, Exactly 2; the others read the same way with their own outcome.) If the number of rate changes before 2027 is exactly 2, then the market resolves to Yes. A ‘rate change’ means a single decision that changes the target range, regardless of size (e.g., a 50 bp hike counts as one). A later 50 bp cut counts as an additional rate change.

Settlement sources: Federal Reserve

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