Kalshi has reported 37,600 in volume over the last 24 hours on their market for “Will the Federal Reserve Cut rates by >25bps at their October 2025 meeting?”, making it one of the hottest markets on the platform today.
The market currently is implying a 6% chance for "Cut >25bps", which is neutral from yesterday, when the market implied a 6% probability.
If the Federal Reserve does a Cut of >25bps on October 29, 2025, then the market resolves to Yes.
In total, this market has seen a volume of 232,161 transactions since it was first opened on August 05, 2025. There are 202,209 positions of open interest in this market, and the overall liquidity is sitting at 603,428,037 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 Republican party win the governorship in New Jersey (24h volume: 58714)
- How many Gold Cards will Trump sell this year? (24h volume: 53429)
- Will the Federal Reserve Cut rates by >25bps at their October 2025 meeting? (24h volume: 37600)
- Government shutdown in 2025? (24h volume: 30836)
- Will the Fed cut rates 1 times? (24h volume: 23294)
- Will average **gas prices** be above $3.15? (24h volume: 20064)
- Will a representative of the Andrew Cuomo party win the NYC Mayor race in 2025? (24h volume: 19968)
- Will Mark Kelly be the nominee for the Presidency for the Democratic party? (24h volume: 16712)
- Will the Republican party win the governorship in Virginia (24h volume: 14888)
- Will the government be shut down on October 01? (24h volume: 14445)