Fed funds rate at end of 2028

Kalshi Closes Dec 31, 2028 · 4.1K contracts · prices read 2 min ago

The odds

3.75%median
0.75%6.25%
Median 3.75%Middle half 2.52% – 4.96%

How the odds have moved

Median: 3.75% on Oct 13, 3.75% now.

The median price the market implied over time, and its middle half (the band), read from every strike's prices on Kalshi.

Every outcome

Outcome Chance Day Bid Ask Contracts
Above 1.00% 90% 76¢ 596
Above 1.25% 82% 73¢ 563
Above 1.50% 82% 82¢ 96¢ 135
Above 1.75% 82% 60¢ 72.00
Above 2.00% 77% 54¢ 99¢ 88.00
Above 2.25% 77% 51¢ 99¢ 68.00
Above 2.50% 76% 48¢ 98¢ 41.00
Above 2.75% 60% 40¢ 81¢ 153
Above 3.00% 54% 30¢ 80¢
Above 3.25% 50% 32¢ 80¢
Above 3.50% 50% 20¢ 68¢ 438
Above 3.75% 50% 19¢ 68¢ 61.00
Above 4.00% 46% 16¢ 65¢ 38.00
Above 4.25% 27% 10¢ 60¢ 116
Above 4.50% 27% 8¢ 52¢ 329
Above 4.75% 27% 4¢ 52¢ 199
Above 5.00% 25% 4¢ 50¢ 257
Above 5.25% 25% 2¢ 30¢ 356
Above 5.50% 25% 4¢ 40¢ 187
Above 5.75% 12% 34¢ 281
Above 6.00% 8% 1¢ 12¢ 134

More on this question

All central banks & rates ›

Fed rate cut by...?

53%July 2027 Meeting
  • July 2027 Meeting53%▼ 1
  • June 2027 Meeting36%▼ 1
  • April 2027 Meeting33%
  • March 2027 Meeting18%▲ 1
3 more
  • January 2027 Meeting5%
  • December 2026 Meeting3%
  • October 2026 Meeting1%
TLT+0.09%SPY−0.06%

Odds are traders' prices on Kalshi and Polymarket, not forecasts by 4Search. Read from the venues just now. Prices may be delayed up to 15 min. Not investment advice.

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