Will the Federal Reserve Cut rates by 25bps at their December 2026 meeting?

Settles Dec 09, 2026 (39d) All outcomes: Fed decision in Dec 2026? Fed Watch — futures-implied odds

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Preview
chance of YES0%
Price range (120d)
1–12%
30d -50 pts · 7d +0 pts
24h volume
10.7K
$1 contracts
Open interest
310.9K
contracts outstanding
Bid / ask
$7K
0% on YES

Odds and volume

daily, 120 days

Line: daily closing YES price (= implied probability). Bars: contracts traded.

Open on Kalshi

We don't execute trades; odds are aggregated from public data.

Other outcomes in this event

Hike 25bps70%64.8K

Recent large orders

≥ $1K · 14 days
WhenSidePriceContractsSize
NO99¢ 1,504$1K
NO99¢ 2,636$3K
NO99¢ 2,636$3K

Orders stitched together from Kalshi's anonymous fills.

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