SimpleFunctions
Economy & FedWinner-take-all · 2 outcomes2 contractsKalshirefreshed 1 min agoCloses Jun 17, 2026 · 40d

Will Federal Funds Rate Decision be No change AND Dissents be 0 for Jun 2026

Leader sits at 62% across 2 bound outcomes, runner-up at 39%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

62%

Federal Funds Rate Decision: No change, Dissents: 0

runner-up 39¢leader 62¢

Outcomes

2

winner-take-all

Runner-up

39¢

Federal Funds Rate Decision:

Spread

23pp

contested

24h volume

$611

thin orderbook

Closes

Jun 17, 2026

40 days

Venue

Kalshi

2 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayFederal Funds Rate Decision: No change, Dissents: 0: 55% (5 days, 4 points)Federal Funds Rate Decision: No change, Dissents: 0: 55% on 2026-05-07Federal Funds Rate Decision: No change, Dissents: >0: 38% (5 days, 4 points)Federal Funds Rate Decision: No change, Dissents: >0: 38% on 2026-05-03
Federal Funds Rate Decision: No change, Dissents: 055¢Federal Funds Rate Decision: No change, Dissents: >038¢
Top 2 candidates by current price · 5d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects market expectations that the Federal Reserve will hold the federal funds rate steady at its June 17, 2026 meeting with no dissenting votes among policymakers. At 56%, the market slightly favors this outcome over alternatives. The current level reflects two primary considerations: recent economic conditions and inflation trends that may or may not warrant rate adjustments, and the degree of consensus within the Fed's policy committee. The June 17 FOMC meeting itself will resolve this question, with outcomes hinging on employment data, inflation readings, and Fed communications in the weeks leading up to the decision. Market pricing suggests meaningful uncertainty remains, as the runner-up scenario of no-change-with-dissents trades at 39%.

  • Recent Consumer Price Index and Personal Consumption Expenditures inflation data relative to the Fed's 2% target will influence both rate decision and voting unanimity
  • Monthly employment reports and jobless claim trends through early June will inform policymaker assessments of labor market stability
  • Fed officials' public statements and economic projections released before June 17 typically shift probability as they signal intended policy direction
  • The difference between the 56% no-dissent scenario and the 39% dissent scenario suggests markets expect broad consensus but acknowledge meaningful internal debate among voting members
  • Options on the upper bound trading at 95 cents for staying above 3.50% indicate high confidence rates remain elevated, supporting hold expectations

What moved the line

  • May 3Federal Funds Rate Decision: No change, Dissents: >014pp5238¢ · Kalshi
  • May 7Federal Funds Rate Decision: No change, Dissents: 014pp4155¢ · Kalshi

Recently closed in fed rate

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

Lateral coverage

Thin contract — here's where the deeper coverage is.

This page aggregates 2 contracts (62% headline). At low contract count, the price reflects two participants’ opinions, not a market consensus. The links below are heavier related questions where the orderbook signal is real.

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.

Last updated on this page: 1 min ago.