Fed decision in Dec 2026?

Kalshi Economy › The Fed Closes Dec 9 · $111K today · $1.5M traded · $906K at stake · prices read 5 min ago

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The odds

80%Hike 25bps
  • Hike 25bps80%▲ 4
  • Fed maintains rate19%▼ 3
  • Hike >25bps1%
  • Cut 25bps1%
  • Cut >25bps<1%

How the odds have moved

Hike 25bps: 74% on Oct 9, 80% 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.

Why it moved

  1. Nov 6, 12 AM ETHike 25bps: 81% → 65%
  2. Oct 30, 12 AM ETHike 25bps: 79% → 70%

The biggest swings over the chart's period, each with the headlines about the market's subject published in the hours before it. News and odds moving together is not proof one caused the other.

Every outcome

Outcome Chance Day Bid Ask Pays Contracts
Hike 25bps 80% ▲ 4 80¢ 81¢ $1.23 1.5M
Fed maintains rate 19% ▼ 3 19¢ 20¢ $5.00 1.4M
Hike >25bps 1% 1¢ 2¢ $50.00 1.0M
Cut 25bps 1% 2¢ $50.00 795.7K
Cut >25bps <1% 1¢ $100.00 246.1K

"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 same question on Crypto.com

Fed Decision in Dec 2026

78%Hike <=25bps
  • Hike <=25bps78%
  • 0bps (Unchanged)19%
  • Hike >25bps2%
  • Cut <=25bps2%
1 more
  • Cut >25bps1%
Crypto.comCloses Dec 9 · $2K today · $2K traded

Shown side by side, never averaged: each venue's rules decide its own market.

The same question on ForecastEx

Shown side by side, never averaged: each venue's rules decide its own market.

The same question on Polymarket

Fed Decision in December?

80%25 bps increase
  • 25 bps increase80%▲ 3
  • No change19%▼ 4
  • 25 bps decrease1%
  • 50+ bps increase1%
1 more
  • 50+ bps decrease<1%
PolymarketCloses Dec 9 · $872K today · $17.6M traded

Shown side by side, never averaged: each venue's rules decide its own market.

The news: Federal Reserve, Fed, FOMC

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Odds are traders' prices on Kalshi, Polymarket, ForecastEx and Crypto.com, not forecasts by 4Progressives. Prices read from the venues 4 min ago. 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 4Progressives, 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 4Progressives index; prices of stocks, rates and coins from 4Progressives Finance. Nothing here is betting, financial or investment advice. Terms of use. How to use Predictions