A trader just put $41,103 into contracts betting against "Fed maintains rate" in a "Will the Federal Reserve Hike rates by 0bps at their October 2025 meeting?" market.
This is one of the largest trades we have seen on a prediction market over the last day.
Market Context
This contract comes from Kalshi’s prediction markets, which allow traders to bet on the outcome of specific events. From our prediction market tracking, the trade was made on 10/03 at 12:25 AM EST when the market was giving a 93% chance of their bet paying off.
There have been 263,836 contracts traded in this market in the last day.
Market Rules
Here are some of the rules that were given for the market:
If the Federal Reserve does a Hike of 0bps on October 29, 2025, then the market resolves to Yes. This market is mutually exclusive. Therefore, if the Federal Reserve hikes by 50bps, the 50bps market will resolve to Yes and the 25bps market will resolve to No. Only one bucket, at maximum, can resolve to Yes. Note 4/28/25: For the markets beginning after the May meeting, if a scheduled FOMC meeting is canceled and does not occur on its scheduled date, then the strike for "Fed maintains rate" will resolve to Yes and all others will resolve to No.
You can find up-to-date information on Kalshi.
Why this matters
The market for predicting Federal Reserve interest rate decisions is a critical indicator of economic expectations and policy direction. These prediction markets aggregate diverse opinions and provide real-time insights into market sentiment regarding future monetary policy actions.
Understanding the probabilities assigned to various interest rate scenarios helps investors, policymakers, and economists gauge potential economic impacts. Such markets are increasingly influential in shaping forecasts and informing decisions across financial sectors.
