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OPEN INTEREST:

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Economics
September 2026 Fed Combo: Rate and Dissents
kalshi

September 2026 Fed Combo: Rate and Dissents

Jul 29, 2026, 4:00 PM EST - Sep 16, 2026, 7:00 PM EST
Total volume:
$90,666
Volume 24h:
$3,769
10%
Liquidity:
N/AN/A
Open interest:
$65,731
5%

Rate: 25bp hike, Dissents: >0

 - Kalshi

Rate: 25bp hike, Dissents: >0 - Kalshi

1W

News

Positive

Negative

Neutral

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Vol.

·

Resolves Sep 16, 2026

Time left: 06d:13h:54m

Will Federal Funds Rate Decision be 25bp hike AND Dissents be >0 for Sep 2026?

49%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 51¢ buys you 196 shares | Odds: 49% Total Payout: $196 | Net Profit: $96 Multiplier: 1.96x | ROI: 96% APY not meaningful 6 days to resolution
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Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Rate: 25bp hike, Dissents: >0

Trade
49%
3%
Yes 51¢No 53¢
N/A
$11,061
11%
113%
$7,670
6d 13h 54m
active
kalshi

Rate: No change, Dissents: >0

46%
9%
Yes 45¢No 56¢
N/A
$28,366
3%
40%
$19,090
6d 13h 54m
active
kalshi

Rate: 25bp hike, Dissents: 0

10%
Yes 11¢No 90¢
N/A
$30,620
5%
64%
$21,566
6d 13h 54m
active
kalshi

Rate: No change, Dissents: 0

1%
Yes No 99¢
N/A
$18,580
2%
84%
$16,011
6d 13h 54m
active
kalshi

Rate: 25bp cut, Dissents: >0

1%
Yes No 100¢
N/A
$1,752
0%
0%
$1,227
6d 13h 54m
active
kalshi

Rate: 25bp cut, Dissents: 0

1%
Yes No 100¢
N/A
$287
0%
0%
$166
6d 13h 54m
active
Total markets: 6

Description

This market tracks potential outcomes of the Federal Reserve's September 2026 monetary policy meeting, focusing on both the direction of the federal funds rate and the level of disagreement among policymakers. Participants assess the likelihood of various combinations of rate changes and dissent counts among Federal Reserve members.

Kalshi

The event consists of six distinct markets, each requiring the simultaneous occurrence of two specific outcomes for the September 2026 Federal Open Market Committee (FOMC) meeting: a particular federal funds rate decision and an exact dissent count. A contract resolves to Yes only if both components match the specified conditions exactly. The federal funds rate decision component evaluates whether the rate remains unchanged, decreases by 25 basis points, or increases by 25 basis points, based on the official FOMC announcement. The dissent count component evaluates whether zero members or more than zero members dissented from the policy decision, determined by the official FOMC dissent count. Resolution relies on the first officially released values for both components. If either component fails to meet the required condition, or if the outcome becomes impossible, the contract immediately resolves to No. Each component is resolved according to its respective Kalshi ruleset—FEDDECISION for rate decisions and FOMCDISSENTCOUNT for dissent counts. All conditions must be satisfied within the specified time period for the contract to pay out.

Frequently asked questions

On Kalshi, the 2026 Fed rate and dissents market dashboard tracks real-time odds, price history, and 24-hour volume of $3,019. It shows how traders on Kalshi are pricing the Federal Reserve's September 2026 interest rate decision and the likelihood of dissenting votes among policymakers. The interface updates continuously, reflecting market sentiment and trading activity as the event approaches.

Compared to traditional analyst forecasts, prediction market odds often reflect a broader range of expectations and can react faster to new economic data or Fed communication. While analysts may publish detailed reports with central tendencies, this market aggregates trader assessments continuously, potentially highlighting tail risks or rapid shifts in sentiment that aren't yet captured in mainstream forecasts.

On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, traders set prices through a continuous order book where buyers and sellers post bids and asks for different possible outcomes. The current implied probability reflects the balance of orders and recent trading activity. Market depth and liquidity can shift quickly based on new economic indicators, Fed speeches, or broader market movements.

This market resolves around Sep 16, 2026, with the outcome confirmed once official Federal Reserve records are published and become verifiable from credible public reporting. The final rate decision and exact number of dissents will be drawn from the Fed's public meeting minutes and announcements, providing a clear, objective basis for settlement.

Key signals include Federal Open Market Committee meeting minutes, speeches by Fed officials, U.S. employment and inflation data, and unexpected economic shocks. Each release can shift expectations about the likely rate path or governance dynamics, prompting traders to adjust positions. Global economic developments and market volatility may also influence pricing as they affect the Fed's policy outlook.