Kalshi has reported 26,997 in volume over the last 24 hours on their market for “Will the Federal Reserve Cut rates by 25bps at their December 2025 meeting?”, making it one of the hottest markets on the platform today.
The market currently is implying a 66% chance for "Cut 25bps", which is neutral from yesterday, when the market implied a 66% probability.
If the Federal Reserve does a Cut of 25bps on December 10, 2025, then the market resolves to Yes.
In total, this market has seen a volume of 447,810 transactions since it was first opened on August 05, 2025. There are 345,891 positions of open interest in this market, and the overall liquidity is sitting at 17,227,841 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)
