Kalshi has reported 143,725 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 2% chance for "Exactly 5 cuts", which is neutral from yesterday, when the market implied a 2% probability.
If the Fed cuts 5 times before 2026, the market resolves to Yes.
In total, this market has seen a volume of 1,025,332 transactions since it was first opened on December 20, 2024. There are 494,334 positions of open interest in this market, and the overall liquidity is sitting at 53,185,889 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: 495560)
- Will a representative of the Republican party win the NYC Mayor race in 2025? (24h volume: 205333)
- Will the Fed cut rates 5 times? (24h volume: 143725)
- Will the federal government shut down for more than 25 days? (24h volume: 142873)
- Will the Democratic party win the governorship in Virginia (24h volume: 104150)
- Will the Republican party win the governorship in New Jersey (24h volume: 71426)
- Will Republicans win the House? (24h volume: 38474)
- Will Curtis Sliwa drop out of the NYC Mayoral race? (24h volume: 32754)
- Lisa DeNell Cook out as Federal Reserve Governor before Jan 2026? (24h volume: 31713)
- Will Trump make a new before Jan 1, 2026? (24h volume: 26287)
