Moving
KalshiCloses January 1, 2027

Fed rate cut before 2027?

The market puts it at 4.1% — a long shot, about one in 24 — on Kalshi, as of Oct 5, 07:48 UTC. It's down 0.6 points in the last 24 hours.

The odds

as of Oct 5, 07:48 UTC
  • Chance of yes 4.1% −0.6
Traded today$2K
Traded in all$1.4M
Yes, 7 days−1 pts

Yes, the last 7 days

Kalshi price
25%50%75%Sep 27Oct 54%

Sep 28: 4.4% · Sep 29: 4.4% · Sep 30: 4.9% · Oct 1: 4.2% · Oct 2: 4.2% · Oct 3: 5.1% · Oct 4: 4.1% · Oct 5: 4.1%

How it resolves

Kalshi's rule, word for word
If the Federal Reserve cuts its target federal funds rate range at least once between February 26, 2026 and December 31, 2026, then the market resolves to Yes. The market will close and determine on the first 10 AM ET following the occurrence of the event if the event occurs prior to the target date.

Settlement sources: Federal Reserve

See it on Kalshi ↗

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