Kalshi has reported 25,015 in volume over the last 24 hours on their market for “Will the Fed cut rates 5 times?”, making it one of the hottest markets on the platform today.
The market currently is implying a 1% chance for "Exactly 5 cuts", which is neutral from yesterday, when the market implied a 1% probability.
If the Fed cuts 5 times before 2026, the market resolves to Yes.
In total, this market has seen a volume of 1,293,820 transactions since it was first opened on December 20, 2024. There are 578,055 positions of open interest in this market, and the overall liquidity is sitting at 49,269,602 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 a representative of the Andrew Cuomo party win the NYC Mayor race in 2025? (24h volume: 1506291)
- Donald Trump out this year? (24h volume: 862770)
- Will a bill that removes/changes the gambling tax provision that OBBB becomes law before Jan 1, 2026? (24h volume: 499752)
- Will Jack Ciattarelli win the 2025 New Jersey gubernatorial election? (24h volume: 442678)
- Will Mikie Sherrill finish within 100 to -0.01 percentage points in New Jersey? (24h volume: 258073)
- Will Curtis Sliwa drop out of the NYC Mayoral race? (24h volume: 142901)
- Will J.B. Pritzker be the Democratic Presidential nominee in 2028? (24h volume: 130888)
- Margin of victory for Zohran Mamdani in the Mayoral Election? (24h volume: 93280)
- Will Winsome Earle-Sears win the 2025 Virginia gubernatorial election? (24h volume: 91280)
- Will Abigail Spanberger win by 4 to 5.99 percentage points in Virginia? (24h volume: 75153)
