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Markets bet on whether the Federal Reserve will hike rates by 0bps at their September 2025 meeting

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Kalshi has reported 218,174 in volume over the last 24 hours on their market for “Will the Federal Reserve Hike rates by 0bps at their September 2025 meeting?”, making it one of the hottest markets on the platform today.

The market currently is implying a 17% chance for "Fed maintains rate", which is neutral from yesterday, when the market implied a 17% probability.

If the Federal Reserve does a Hike of 0bps on September 17, 2025, then the market resolves to Yes.

In total, this market has seen a volume of 2,067,773 transactions since it was first opened on July 30, 2025. There are 1,147,804 positions of open interest in this market, and the overall liquidity is sitting at 928,265,137 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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