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Markets bet on whether the Federal Reserve will hike rates by December 31, 2025

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Kalshi has reported 8,808 in volume over the last 24 hours on their market for “Will the Federal Reserve hike rates by December 31, 2025?”, making it one of the hottest markets on the platform today.

The market currently is implying a 3% chance for "Before 2026", which is neutral from yesterday, when the market implied a 3% probability.

If the Federal Reserve hikes again by Dec 31, 2025, then the market resolves to Yes.

In total, this market has seen a volume of 247,816 transactions since it was first opened on December 14, 2023. There are 85,472 positions of open interest in this market, and the overall liquidity is sitting at 21,554,033 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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