Snapshot September 24, 2026 at 04:37 UTC · Category: Economics · Event KXFEDHIKE-2
As of September 24, 2026 at 04:37 UTC, the leading outcome is Before 2029 at 98%, followed by Before July 2028 at 97%, Before 2028 at 96%. 32.3K contracts have traded, 3.5K in the last 24 hours.
| Outcome | Chance | 24h change | Volume | Open interest |
|---|---|---|---|---|
| Before 2029 | 98% | · | 700 | 700 |
| Before July 2028 | 97% | · | 575 | 365 |
| Before 2028 | 96% | +2 pts | 1.8K | 1.6K |
| Before July 2027 | 94% | -1 pts | 5.6K | 3.3K |
| Before 2027 | 90% | +1 pts | 23.6K | 17.0K |
Chance = midpoint of the best Yes bid and ask on Kalshi (last trade when the spread is wider than 10¢). Volume and open interest are in contracts. Current availability, prices, close time, fees, and settlement wording must be verified on Kalshi directly before trading.
■ Before 2029 ■ Before July 2028 ■ Before 2028 · daily closing prices from Kalshi's public candlestick data
Excerpt of the contract rules from Kalshi's public market data:
“If the Federal Reserve announces an increase in the target range or target level for the federal funds rate after market Issuance and on or before Dec 31, 2026, then the market resolves to Yes.”
Read the full rules and trade on Kalshi: open this market on Kalshi. How settlement works in general: Kalshi settlement guide. Costs: Kalshi fees and the payout calculator.
As of September 24, 2026 at 04:37 UTC, the leading outcome is Before 2029 at 98%, followed by Before July 2028 at 97%, Before 2028 at 96%. 32.3K contracts have traded, 3.5K in the last 24 hours.
Each outcome's probability is the midpoint between the best bid and ask for its Yes contract (or the last trade when the spread is wider than 10 cents). A 60-cent contract reads as roughly a 60% chance. The page is a dated snapshot refreshed twice a day, not a live quote.
The listed close dates range from January 1, 2027 to January 1, 2029. Settlement follows the contract rules summarised on this page; check them on Kalshi.
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<iframe src="https://kalshiview.com/embed/markets/next-fed-rate-hike/" width="100%" height="300" style="border:0;max-width:560px" loading="lazy" title="Next Fed rate hike? Kalshi odds"></iframe> <p><a href="https://kalshiview.com/markets/next-fed-rate-hike/">Next Fed rate hike? odds</a> via <a href="https://kalshiview.com/">Kalshi View</a></p>
/api/v1/markets/next-fed-rate-hike.json (CC BY 4.0: credit “Kalshi View” with a link).