Kalshi has reported 123,173 in volume over the last 24 hours on their market for “Will the Fed cut rates 3 times?”, making it one of the hottest markets on the platform today.
The market currently is implying a 86% chance for "Exactly 3 cuts", which is neutral from yesterday, when the market implied a 86% probability.
If the Fed cuts 3 times before 2026, the market resolves to Yes.
In total, this market has seen a volume of 2,903,208 transactions since it was first opened on December 20, 2024. There are 1,006,782 positions of open interest in this market, and the overall liquidity is sitting at 14,647,741 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:
- Will the Federal Reserve Hike rates by 0bps at their October 2025 meeting? (24h volume: 770495)
- Will a representative of the Republican party win the NYC Mayor race in 2025? (24h volume: 344452)
- Will Jack Ciattarelli win the 2025 New Jersey gubernatorial election? (24h volume: 197753)
- Donald Trump out this year? (24h volume: 164064)
- Will Curtis Sliwa drop out of the NYC Mayoral race? (24h volume: 163484)
- Will the Fed cut rates 3 times? (24h volume: 123173)
- Will the rate of CPI inflation be above 3.0% for the year ending in October 2025? (24h volume: 96525)
- Will the federal government shut down for more than 35 days? (24h volume: 88221)
- Who will President Trump pardon before Jan 1, 2026? (24h volume: 74428)
- Will Democrats win VA Governor AND VA House of Delegates AND NJ Governor AND Mamdani wins NYC Mayor all win their elections? (24h volume: 65508)