Snapshot September 25, 2026 at 17:59 UTC · Category: Economics · Event KXRATECUTCOUNT-26DEC31
As of September 25, 2026 at 17:59 UTC, the leading outcome is Exactly 0 cuts at 96%, followed by Exactly 2 cuts at 2.3%, Exactly 1 cut at 1.7%. 9.9M contracts have traded, 26.9K in the last 24 hours.
| Outcome | Chance | 24h change | Volume | Open interest |
|---|---|---|---|---|
| Exactly 0 cuts | 96% | · | 2.6M | 1.1M |
| Exactly 2 cuts | 2.3% | +2 pts | 916.2K | 465.9K |
| Exactly 1 cut | 1.7% | -1 pts | 1.1M | 406.6K |
| Exactly 3 cuts | 0.8% | · | 618.9K | 356.2K |
| Exactly 15 cuts | 0.7% | · | 319.3K | 316.3K |
| Exactly 6 cuts | <1% | · | 372.8K | 279.0K |
| Exactly 16 cuts | <1% | · | 241.2K | 240.2K |
| Exactly 17 cuts | <1% | · | 515.9K | 308.0K |
| Exactly 14 cuts | <1% | · | 421.3K | 370.1K |
| Exactly 8 cuts | <1% | · | 269.6K | 254.9K |
| Exactly 4 cuts | <1% | · | 541.5K | 349.3K |
| Exactly 5 cuts | <1% | · | 402.4K | 270.6K |
| Exactly 7 cuts | <1% | · | 362.0K | 275.0K |
| Exactly 9 cuts | <1% | · | 276.2K | 267.3K |
| Exactly 10 cuts | <1% | · | 275.5K | 258.2K |
| Exactly 12 cuts | <1% | · | 238.2K | 233.6K |
| Exactly 13 cuts | <1% | · | 214.4K | 187.6K |
| Exactly 11 cuts | <1% | · | 211.0K | 206.7K |
| Exactly 20 cuts | <1% | · | 5.7K | 5.4K |
| Exactly 19 cuts | <1% | · | 3.0K | 3.0K |
1 lower-priced outcomes are in the JSON data.
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.
■ Exactly 0 cuts ■ Exactly 2 cuts ■ Exactly 1 cut · daily closing prices from Kalshi's public candlestick data
Excerpt of the contract rules from Kalshi's public market data:
“If the Fed cuts 0 times starting Jan 1, 2026 and before 2027, then the market resolves to Yes. To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on).”
Read the full rules and trade on Kalshi: open this market on Kalshi. How settlement works in general: Kalshi settlement guide. Costs: Kalshi fees, the fee calculator, the payout calculator and the APY calculator.
More on this topic: Fed rate odds on Kalshi
As of September 25, 2026 at 17:59 UTC, the leading outcome is Exactly 0 cuts at 96%, followed by Exactly 2 cuts at 2.3%, Exactly 1 cut at 1.7%. 9.9M contracts have traded, 26.9K 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 date is January 1, 2027. Settlement follows the contract rules summarised on this page; check them on Kalshi.
Paste on your site or newsletter; it updates with this page.
<iframe src="https://kalshiview.com/embed/markets/number-of-rate-cuts-in-2026/" width="100%" height="300" style="border:0;max-width:560px" loading="lazy" title="Number of rate cuts in 2026? Kalshi odds"></iframe> <p><a href="https://kalshiview.com/markets/number-of-rate-cuts-in-2026/">Number of rate cuts in 2026? odds</a> via <a href="https://kalshiview.com/">Kalshi View</a></p>
/api/v1/markets/number-of-rate-cuts-in-2026.json (CC BY 4.0: credit “Kalshi View” with a link).
APA
Number of rate cuts in 2026? Kalshi Odds. (2026, September 25). Kalshi View. Retrieved September 25, 2026 at 17:59 UTC, from https://kalshiview.com/markets/number-of-rate-cuts-in-2026/
BibTeX
@misc{kalshiview2026marketsnumberofratecutsin2026, title = {Number of rate cuts in 2026? Kalshi Odds}, year = {2026}, month = {Sep}, note = {Snapshot 2026-09-25 17:59 UTC}, url = {https://kalshiview.com/markets/number-of-rate-cuts-in-2026/}}HTML credit
<a href="https://kalshiview.com/markets/number-of-rate-cuts-in-2026/">Odds data: Kalshi View</a>
CC BY 4.0: keep a visible link to this page. More formats: how to cite and reuse Kalshi View.