TOTAL VOLUME:

$149.7b

24H VOL:

$109,714,070

24H TRANSACTIONS:

2,820,087,997

OPEN INTEREST:

$1,739,090,488

444,140

Markets across

34,296

events

MATCHED EVENTS:

2,700

PLATFORM COVERAGE:

5

Polymarket:

38%

VS.

Kalshi:

62%

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Economics
Number of Brazil rate cuts in 2026?
kalshi

Number of Brazil rate cuts in 2026?

Jun 2, 2026, 7:00 PM EST - Jan 8, 2027, 11:30 AM EST
Total volume:
$220,221
Volume 24h:
$91,207N/A
Liquidity:
N/AN/A
Open interest:
$59,550
0.04%

Exactly 5 cuts

 - Kalshi

Exactly 5 cuts - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Jan 8, 2027

Will Central Bank of Brazil rate cuts for 2026 be exactly 5?

71%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 69¢ buys you 145 shares | Odds: 71% Total Payout: $145 | Net Profit: $45 Multiplier: 1.45x | ROI: 45% High Projected APY: 523% 74 days to resolution
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Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Exactly 5 cuts

Trade
71%
61%
Yes 69¢No 32¢
1¢
N/A
$49,881
17%
21%
$14,917
2mo 2w
active
kalshi

7 or more cuts

23%
Yes 22¢No 80¢
2¢
N/A
$72,224
0%
17%
$20,845
2mo 2w
active
kalshi

Exactly 6 cuts

15%
Yes 14¢No 88¢
2¢
N/A
$49,991
19%
23%
$8,837
2mo 2w
active
kalshi

Exactly 4 cuts

0%
Yes 0¢No 100¢
—
N/A
$21,868
N/A
N/A
$6,031
2mo 2w
No
kalshi

Exactly 3 cuts

0%
Yes 0¢No 100¢
—
N/A
$16,357
N/A
N/A
$5,055
2mo 2w
No
kalshi

Exactly 2 cuts

0%
Yes 0¢No 100¢
—
N/A
$9,899
N/A
N/A
$3,866
2mo 2w
No
Total markets: 6

Description

This event tracks whether the Central Bank of Brazil will implement a moderate to aggressive monetary policy stance during 2026 by cutting its benchmark interest rate multiple times throughout the year. The market evaluates the total cumulative number of rate reductions the central bank executes as a response to economic conditions and inflation dynamics during that period.

Kalshi

The event counts discrete decreases in Brazil's Selic target rate during calendar year 2026. Each separate decrease counts as one rate cut, regardless of size. Rate cuts occurring before market issuance count if they occurred during 2026; as of issuance, two qualifying cuts have already occurred (March 2026 reduction to 14.75% and April 2026 reduction to 14.50%). Rate hikes do not offset or cancel prior rate cuts; if the rate is cut, then hiked, then cut again, both cuts count separately. The event resolves to Yes for whichever outcome matches the total number of rate cuts that occur throughout 2026.

Frequently asked questions

Currently, the collective prediction from this market suggests a different outlook than many traditional analyst forecasts. While a significant number of analysts predict a modest number of rate cuts, the probability distribution within this market indicates a wider range of possibilities are being considered by traders. It's important to remember that analyst forecasts are often based on specific economic models and assumptions, whereas this market reflects the aggregated judgment of a diverse group of participants actively trading on their expectations. This difference highlights the potential value of considering prediction market data alongside conventional financial analysis.

On Kalshi, this market is priced using a continuous double auction mechanism, meaning buyers and sellers set the odds by placing bids and asks. The current price reflects the collective expectation of traders regarding the likelihood of each outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price will fluctuate based on supply and demand, responding to new information and shifts in sentiment. Traders are incentivized to provide accurate predictions, as profitable trades are rewarded. This dynamic pricing system aims to efficiently aggregate information and reveal the market's best estimate of future events.

This market resolves around Jan 8, 2027, with the outcome confirmed once the actual number of interest rate cuts made by the Central Bank of Brazil in 2026 is verifiable from credible public reporting. The resolution will be based on official announcements from the Central Bank of Brazil regarding their monetary policy decisions throughout the year 2026. The market will determine which outcome – the number of rate cuts – has occurred, based on this publicly available information. Traders will then be paid out according to their positions in this market.

Several key signals and events could significantly impact this market. Unexpected shifts in Brazil's inflation rate, changes in global economic conditions, and political developments within Brazil are all potential catalysts. Major announcements from the Central Bank of Brazil regarding their monetary policy outlook will also be closely watched. Additionally, economic data releases, such as GDP growth figures and unemployment rates, could influence trader sentiment and lead to price movements. Any surprise changes in the Brazilian government’s economic policies could also have a substantial effect on the Brazil interest rate market.