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Kalshi prices 92% chance Fed holds rates at October meeting

According to US prediction exchange Kalshi, markets price a 92% probability that the Federal Reserve holds its target rate at 3.75%-4% at the Oct. 28 meeting. The most likely outcome for the Dec. 9 meeting is a target range one step above the current level, with a 67.9% probability. The federal funds target range was 3.75%-4% as of Oct. 24, according to the Federal Reserve Bank of St. Louis's FRED economic database. These are market prices showing the distribution of priced outcomes, not a forecast, survey, or central bank commitment. Kalshi is a US exchange regulated by the Commodity Futures Trading Commission.

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Original headline: Kalshi prices 92 % chance Fed holds rates at October meeting

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