A trader just put $52,778 into contracts betting against "Fed maintains rate" in a "Will the Federal Reserve Hike rates by 0bps at their October 2025 meeting?" market.
This is one of the largest trades we have seen on a prediction market over the last day.
Market Context
This contract comes from Kalshi’s prediction markets, which allow traders to bet on the outcome of specific events. From our prediction market tracking, the trade was made on 10/01 at 08:41 AM EST when the market was giving a 89% chance of their bet paying off.
There have been 489,927 contracts traded in this market in the last day.
Market Rules
Here are some of the rules that were given for the market:
If the Federal Reserve does a Hike of 0bps on October 29, 2025, then the market resolves to Yes. This market is mutually exclusive. Therefore, if the Federal Reserve hikes by 50bps, the 50bps market will resolve to Yes and the 25bps market will resolve to No. Only one bucket, at maximum, can resolve to Yes. Note 4/28/25: For the markets beginning after the May meeting, if a scheduled FOMC meeting is canceled and does not occur on its scheduled date, then the strike for "Fed maintains rate" will resolve to Yes and all others will resolve to No.
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Why this matters
The Federal Reserve's interest rate decisions are a pivotal force shaping global economic conditions, impacting everything from borrowing costs to investment strategies. The market pricing of these decisions reflects investor expectations and broader economic sentiment, influencing financial markets worldwide.
Prediction markets centered on Fed rate moves serve as vital indicators of consensus views on future monetary policy. They aggregate diverse information and provide real-time insights into potential central bank actions, thereby aiding in risk management and strategic decision-making.