TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 17, 5:29 PM EST
Kalshi
This event concerns whether the Central Bank of Brazil will take any action regarding interest rates at its June Monetary Policy Meeting. The market covers all possible monetary policy decisions, including rate cuts, rate hikes, or maintaining the current rate.
Resolution is based on the official policy rate decision announced by the Central Bank of Brazil at its June 2026 Monetary Policy Meeting. Only changes to the primary policy rate count; if the central bank has multiple policy rates, secondary rates are disregarded. The specific basis point ranges are inclusive, meaning a 50 basis point cut satisfies both the "Cut 50bps" and "Cut more than 50bp" outcomes if applicable. If the meeting is cancelled or delayed past the expiration date, the "Maintain current rate" market resolves to Yes and all other markets resolve to No. Emergency rate changes between scheduled meetings do not affect resolution.
Prediction market odds on Kalshi reflect real-money traders' collective expectations and often differ from consensus analyst forecasts. While economists and central bank watchers publish rate-decision predictions through surveys and reports, prediction markets incorporate live information and incentivize accuracy through financial stakes. Comparing Kalshi odds to major analyst consensus—such as Bloomberg surveys or central bank communication analysis—reveals whether traders are pricing in more hawkish or dovish outcomes than the expert consensus. This gap can highlight where market participants see risks or opportunities that traditional forecasters may underweight.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the Central Bank of Brazil rate decision is priced as binary or multi-outcome contracts reflecting the probability of each potential policy move—such as a rate hold, increase, or cut. Traders buy and sell shares at prices between 0 and 100 cents, with the price directly representing the implied probability. As new economic data, inflation reports, and central bank communications emerge, contract prices adjust in real time. The market's pricing reflects aggregated trader beliefs about the likelihood of each outcome by Jun 17, 2026, when the event resolves based on the central bank's official announcement.
The market resolves on Jun 17, 2026 following the Central Bank of Brazil's official rate decision announcement in June. Resolution is determined by the central bank's actual policy action—whether it holds rates, raises them, or cuts them. Traders should monitor the central bank's official communications and press releases on the decision date to confirm the outcome. The specific basis points move or policy stance announced will determine which contract outcome is correct and how payouts are distributed among traders.
Several key catalysts could shift odds for the Central Bank of Brazil's June decision. Inflation data releases—particularly the IPCA and core inflation indices—directly influence rate expectations, as the central bank targets price stability. Employment reports, GDP growth figures, and currency movements also matter, since a weaker real or rising unemployment may prompt rate cuts. Federal Reserve policy decisions and global risk sentiment affect Brazilian monetary conditions. Central bank communications, including speeches by board members and forward guidance, provide clues about the likely path. Political or fiscal developments in Brazil can also influence inflation and rate-setting calculus, moving market prices ahead of the June announcement.