KalshiMacro / FedConfirmed moveUpdated 6m ago

Will the Federal Reserve Hike rates by 0bps at their October 2026 meeting?

As of Oct 22, 2026, 5:13 PM ET, Kalshi priced this market at 93.5% (up from 88.5% 24 hours earlier). It had $87.2K traded in the past 24 hours, $435.6K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as strong.

Market probability
93.5%
+5 percentage points
over 24 hours88.5% → 93.5%
Resolving soon

Deep, easy-to-trade market; we can't yet see which accounts drove today's move.

Price historyKalshiPolymarket

Source: Kalshi price history · Polymarket price history

How credible was the move?

Methodology →

Move validity

Strong

Consensus stability

Forming

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

DeepTight spread

Order-book liquidity

$435.6K

Bid-ask spread

1.0 pts

24h volume

$87.2K

cash traded · $532.4K notional on Kalshi

Open interest

$2.5M

It would take roughly $5M of buying to move the price up by ~5 pts.

Lots of money on the book and a tight spread — a single ordinary order can't move this price much.

Who's trading

Whose opinion is this price?

Participation data isn't captured for this market yet.

Participation data isn't captured for this market yet, so we can't say how many accounts set this price.

What this market actually measures

If the Federal Reserve does a Hike of 0bps on October 28, 2026, then the market resolves to Yes.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

If the Federal Reserve does a Hike of 0bps on October 28, 2026, then the market resolves to Yes.

Resolution source: If the Federal Reserve does a Hike of 0bps on October 28, 2026, then the market resolves t…

Why the odds moved

The probability rose 5.0 percentage points over the last 24 hours (88.5% → 93.5%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The market's deadline arrivesOctober 28, 2026 at 1:59 PM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 22, 5:19 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: medium · expected error ±11 pts.

Trading normallyLegacy movement classifier: meaningful

What's happening

low classifier confidence
Trading normally

Liquid, two-sided, and calm. The current price reads as settled consensus — the latest print is a reasonable summary of what the market believes.

  • Liquid, two-sided, and calm — price behaving as settled consensus

The latest price is a usable but caveated read — weigh it with the market state.

More details — reliability score, dynamics, durability
Reliability score
48Medium
Where the price path tends to go next78 observed
  • Trend continuation75%
  • Choppy / mean-reverting16%
  • Thin-liquidity spike4%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~6h
PredictabilityStable

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H0.06H+2.024H+5.07D+5.0

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