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Markets bet on whether the Fed will cut rates more than 25 bps in 2025

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Kalshi has reported 6,579 in volume over the last 24 hours on their market for “Will the Fed cut rates more than 25 bps in 2025?”, making it one of the hottest markets on the platform today.

The market currently is implying a 23% chance for "In 2025", which is neutral from yesterday, when the market implied a 23% probability.

If the Federal Reserve cuts rates by more than 25 basis points before Dec 31, 2025, then the market resolves to Yes.

In total, this market has seen a volume of 205,642 transactions since it was first opened on January 04, 2025. There are 67,983 positions of open interest in this market, and the overall liquidity is sitting at 16,792,035 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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