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Next Fed rate hike?

Live prices from Kalshi, ordered by what the market thinks. These are raw ask prices, what it actually costs to take the position, margin included.

OutcomeKalshi
Before July 2028 93¢
Before 2029 93¢
Before 2028 91¢
Before July 2027 90¢
Before 2027 82¢

Only outcomes with a live two-sided quote are shown. No Polymarket equivalent was matched with enough confidence to publish, so this page is Kalshi only. Prices as of Thu, 17 Sep 2026 04:53:42 UTC.

Your call

The market says 93%. It got there by making everyone who disagreed put money behind it. You do not have to, so this is the cheap version of the same question, and the interesting number is how far the two drift apart.

93%

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See this on Kalshi

What settles this

Settlement source
Federal Reserve
Contract terms
Kalshi product certification (PDF)
Closes
Fri, 01 Jan 2027 04:59:00 UTC
Resolution, for the Before July 2028 contract
If the Federal Reserve announces an increase in the target range or target level for the federal funds rate after market Issuance and on or before Jun 30, 2028, then the market resolves to Yes.
Ticker
KXFEDHIKE-2

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