Number of rate cuts in 2025?
Series: KXRATECUTCOUNT
Number of rate cuts in 2025?
0:: 0 bps
Market Prices
YES
NO
Market Stats
Volume
$279,947
Probability
11%
Open Interest
181620
Last Price
11¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 0 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
1:: 25 bps
Market Prices
YES
NO
Market Stats
Volume
$201,866
Probability
13%
Open Interest
87685
Last Price
15¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 1 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
2:: 50 bps
Market Prices
YES
NO
Market Stats
Volume
$136,782
Probability
19%
Open Interest
98916
Last Price
20¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 2 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
3:: 75 bps
Market Prices
YES
NO
Market Stats
Volume
$128,973
Probability
18%
Open Interest
108326
Last Price
19¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 3 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
4:: 100 bps
Market Prices
YES
NO
Market Stats
Volume
$148,688
Probability
15%
Open Interest
99296
Last Price
15¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 4 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
5:: 125 bps
Market Prices
YES
NO
Market Stats
Volume
$105,464
Probability
6%
Open Interest
75941
Last Price
6¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 5 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
6:: 150 bps
Market Prices
YES
NO
Market Stats
Volume
$76,703
Probability
5%
Open Interest
62774
Last Price
5¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 6 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
7:: 175 bps
Market Prices
YES
NO
Market Stats
Volume
$36,584
Probability
3%
Open Interest
31574
Last Price
3¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 7 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
8:: 200 bps
Market Prices
YES
NO
Market Stats
Volume
$43,833
Probability
3%
Open Interest
41862
Last Price
3¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 8 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
9:: 225 bps
Market Prices
YES
NO
Market Stats
Volume
$33,728
Probability
1%
Open Interest
33243
Last Price
2¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 9 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
10:: 250 bps
Market Prices
YES
NO
Market Stats
Volume
$32,593
Probability
1%
Open Interest
32493
Last Price
1¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 10 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
11:: 275 bps
Market Prices
YES
NO
Market Stats
Volume
$11,598
Probability
0%
Open Interest
11598
Last Price
1¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 11 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
12:: 300 bps
Market Prices
YES
NO
Market Stats
Volume
$22,900
Probability
0%
Open Interest
22900
Last Price
1¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 12 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
13:: 325 bps
Market Prices
YES
NO
Market Stats
Volume
$11,598
Probability
0%
Open Interest
11598
Last Price
1¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 13 times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"
Number of rate cuts in 2025?
14 or more:: 350 bps or more
Market Prices
YES
NO
Market Stats
Volume
$39,047
Probability
1%
Open Interest
32877
Last Price
2¢
Market Timeline
Open Date
December 20, 2024
Close Date
January 1, 2026
Expiration Date
January 1, 2026
Market Rules
If the Fed cuts 14 or more times before 2026, the market resolves to Yes.
To be clear, 25bp of cuts is equal to one cut (so 25bp cut is 1, 50bp cut is 2, 75bp cut is 3, and so on). Note: this detail has been included in past iterations including the previous iteration titled, "Number of rate cuts in 2024?"