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Markets bet on whether the Fed will cut rates 0 times at emergency meetings

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Kalshi has reported 5,186 in volume over the last 24 hours on their market for “Will the Fed cut rates 0 times at emergency meetings?”, making it one of the hottest markets on the platform today.

The market currently is implying a 94% chance for "0 cuts", which is neutral from yesterday, when the market implied a 94% probability.

If the Fed cuts the target federal funds rate exactly 0 times at emergency meetings in 2025, the market resolves to Yes.

In total, this market has seen a volume of 63,055 transactions since it was first opened on January 04, 2025. There are 45,458 positions of open interest in this market, and the overall liquidity is sitting at 4,242,991 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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