Next Fed rate cut?

Kalshi Economy › The Fed Closes Dec 31, 2028 · $13 today · $1.7K traded · $1.5K at stake · prices read 2 h ago

The odds

85%Before 2029
  • Before 202985%▲ 1
  • Before July 202865%▲ 1
  • Before 202848%▼ 3
  • Before July 202721%▲ 1
  • Before 20273%▲ 1

How the odds have moved

Before 2029: 88% on Oct 20, 85% now.

Each outcome's chance over time on Kalshi. The dots along the bottom are headlines about its subject: point at one to read it.

Every outcome

Outcome Chance Day Bid Ask Pays Contracts
Before 2029 85% ▲ 1 81¢ 88¢ $1.14 700
Before July 2028 65% ▲ 1 63¢ 67¢ $1.49 701
Before 2028 48% ▼ 3 46¢ 49¢ $2.04 1.3K
Before July 2027 21% ▲ 1 20¢ 22¢ $4.55 235
Before 2027 3% ▲ 1 1¢ 5¢ $20.00 419

"Pays" is what a $1 stake returns if that outcome happens, at the price shown (before any fees). Bid and ask are the best prices to sell and buy "Yes".

The news: Federal Reserve, Fed, FOMC

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All the fed ›

How many Fed rate cuts in 2026?

97%0 (0 bps)
  • 0 (0 bps)97%▲ 1
  • 1 (25 bps)1%
  • 2 (50 bps)<1%
10 more
  • 3 (75 bps)<1%
  • 4 (100 bps)<1%
  • 7 (175 bps)<1%
  • 5 (125 bps)<1%
  • 6 (150 bps)<1%
  • 8 (200 bps)<1%
  • 9 (225 bps)<1%
  • 10 (250 bps)<1%
  • 11 (275 bps)<1%
  • 12+ (300+ bps)<1%

Odds are traders' prices on Kalshi, Polymarket, ForecastEx and Crypto.com, not forecasts by 4Conservative. Prices read from the venues just now. Prices may be delayed. Money traded on Kalshi and ForecastEx is estimated from contracts. Not betting or investment advice.

Prediction-market prices are what traders pay for each outcome on Kalshi, Polymarket, ForecastEx and Crypto.com, read as the market's implied chance. They are not forecasts by 4Conservative, can move fast and can be wrong; they are read every few minutes and may be delayed. Money traded on Kalshi and ForecastEx is estimated from contracts at their price. News comes from the 4Conservative index; prices of stocks, rates and coins from 4Conservative Finance. Nothing here is betting, financial or investment advice. Terms of use.