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0 cuts · Will the Fed cut rates

0 cuts is priced at 93¢ on Kalshi. Current book: 92¢ bid, 93¢ ask, 1¢ spread. This outcome ranks #1 of 4 inside Will the Fed cut rates.

Price history

93¢ current

+4¢
70¢80¢90¢
Jun 29, 2026Jul 28, 2026

Contract brief

If the Fed cuts the target federal funds rate exactly 0 times at emergency meetings in 2026, the market resolves to Yes.

Outcome

0 cuts

Rank

#1 of 4

Leader

0 cuts 92¢

Range

1¢-92¢

Family volume

$17K

Identifier

KXEMERCUTS-26-T0

Jul 28, 2026, 12:08 PM UTC · 11m ago

Implied probability

93¢
Latest venue quote
Jul 28, 2026, 12:08 PM UTC · 11m ago

Bid

92¢

Ask

93¢

Spread

24h volume

$15K

Family rank

#1 of 4

4 outcomes · Will the Fed cut rates

Closes

Jan 1, 2027

Family volume

$17K

Orderbook snapshot

92 / 93¢

Kalshi
1¢ spread
BidSize
92¢400
92¢29
90¢5.6K
90¢30
88¢10K
AskSize
93¢189
93¢17
93¢2
94¢446
97¢500

Contract terms

What resolves this market.

YES condition

If the Fed cuts the target federal funds rate exactly 0 times at emergency meetings in 2026, the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXEMERCUTS-26-T0

SF Signal
SF Index
1324.73
Regime
neutral

Event family

Will the Fed cut rates.

The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.

Total volume

$17K

Outcomes

4

Highest price

0 cuts 92¢

Current share

89%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.577

Observability

high

Event type

data_release

Full indicator table

20.3%
2678.7%
Adj IY
1325%
12
22.000
LAS
0.01

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.