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KalshiCloses January 3, 2027

Number of rate hikes in 2026?

Exactly 2 leads at 62% (about 6 in ten) on Kalshi, as of Oct 5, 10:30 UTC. It's up 4 points in the last 24 hours.

The odds

as of Oct 5, 10:30 UTC
  • Exactly 2 62% +4
  • Exactly 1 28% —
  • Exactly 3 7% −1
  • At least 4 4% —
  • Exactly 0 1% —
Traded today$6K
Traded in all$163K
Favourite, 7 days+8 pts

Exactly 2, the last 7 days

Kalshi price
25%50%75%Sep 27Oct 562%

Sep 28: 54% · Sep 29: 51% · Sep 30: 60% · Oct 1: 62% · Oct 2: 61% · Oct 3: 66% · Oct 4: 64% · Oct 5: 62%

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 hikes by the Federal Open Market Committee during calendar year 2026 is exactly 2, then the market resolves to Yes. Please note the following definition of a "rate hike": A single ‘hike’ is considered an increase in the upper bound by at least 1 basis point and up to and including 25 basis points. An increase of the upper bound of the target range 26-50 basis points hike is considered two hikes. An increase of the upper bound of the target range 51-75 basis points is considered three hikes.

Settlement sources: Federal Reserve

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