How This Market Settles

Tracks where the federal funds target range will land immediately after a given FOMC meeting.

Settles on

Settles on the upper bound of the federal funds target range as published on the Federal Reserve's official website following that meeting.

Structure

Above/below strike markets (e.g. 'above 6.00%') on the post-meeting rate level. Each market closes the first afternoon after the Fed's statement, or one week after the meeting if the statement is delayed.

Source

Kalshi contract terms — Fed funds rate (PDF)

Settlement terms checked against Kalshi's contract terms on 2026-09-25.

settlement