December Fed hike quotes rise after two dissents, then fall below pre-meeting levels on Kalshi and Polymarket
The Federal Reserve held its target range at 3-3/4 to 4 percent on 28 October on a 10–2 vote, with Lisa D. Cook and Beth M. Hammack preferring a quarter-point hike. Quotes for a 25 basis point hike at the 8–9 December meeting rose on both Kalshi and Polymarket in the hours after the statement, then fell overnight on 29–30 October. By 06:36 GMT on 30 October they stood at 70.5¢ on Kalshi and 72.5¢ on Polymarket, below where they were on the morning of the decision.