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Markets bet on whether the Federal Reserve will cut rates by >25bps at their October 2025 meeting

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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:

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