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Kalshi prices December Fed hike at 71 percent with more than 3 million dollars bet after October hold, Longbridge reports
- Kalshi prices December Fed hike at 71 percent with more than 3 million dollars bet after October hold, Longbridge reports — Longbridge reports the Federal Reserve held its benchmark rate steady at 3.75 to 4 percent on Wednesday, and Kalshi's December decision contract has drawn more than 3 million dollars in bets. Traders price a 71 percent probability of a 25 basis point increase in December and a 28 percent probability of no change. (Longbridge)
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