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Exactly 1 cut · Will the Fed cut rates

Exactly 1 cut is priced at 17¢ on Kalshi. Current book: 16¢ bid, 18¢ ask, 2¢ spread. This outcome ranks #2 of 4 inside Will the Fed cut rates.

Price history

17¢ current

+1¢
10¢20¢
May 26, 2026Jun 25, 2026

Contract brief

If the Fed cuts 1 times starting Jan 1, 2026 and before 2027, then the market resolves to Yes.

Outcome

Exactly 1 cut

Rank

#2 of 4

Leader

Exactly 0 cuts 77¢

Range

1¢-77¢

Family volume

$25K

Identifier

KXRATECUTCOUNT-26DEC31-T1

Jun 25, 2026, 6:38 PM UTC · 7m ago

Implied probability

17¢
Latest venue quote
Jun 25, 2026, 6:38 PM UTC · 7m ago

Bid

16¢

Ask

18¢

Spread

24h volume

$7K

Family rank

#2 of 4

4 outcomes · Will the Fed cut rates

Closes

Jan 1, 2027

Family volume

$25K

Orderbook snapshot

16 / 18¢

Kalshi
2¢ spread
BidSize
16¢180
16¢45
15¢28
14¢11
14¢33
AskSize
18¢276
19¢80
20¢8.0K
20¢99
21¢40

Contract terms

What resolves this market.

YES condition

If the Fed cuts 1 times starting Jan 1, 2026 and before 2027, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXRATECUTCOUNT-26DEC31-T1

SF Signal
SF Index
948.36
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

$25K

Outcomes

4

Highest price

Exactly 0 cuts 77¢

Current share

26%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

1011.6%

IY (No)

36.7%

Adj IY

948%

CRI

5

RV

884%

VR

2.87

Regime

neutral

Score

0.438

Observability

high

Event type

political

Full indicator table

1011.6%
36.7%
Adj IY
948%
5
RV
884%
VR
2.87
IAR
1.1/h
0.000
Overround
-0.0%
LAS
0.06

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SimpleFunctions context

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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.