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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chance of YES0%
Price range (120d)
1–4%
30d +0 pts · 7d +0 pts
24h volume
5.9K
$1 contracts
Open interest
157.8K
contracts outstanding
Bid / ask
—
none recorded

Odds and volume

daily, 120 days

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

Open on Kalshi

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Other outcomes in this event

Hike 25bps70%64.8K
Cut 25bps0%10.7K

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