Markets › Kalshi › Economics
Fed Dissent on Kalshi
If Philip Jefferson formally dissented at the December 2026 FOMC meeting, then the market resolves to Yes.
Settles on: Federal Reserve Board of Governors.
Market says (typical open contract)
9%
Median YES price across 12 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
18% 😈
Mostly decided, says the market. You are paying a fee to collect a few cents the market already agrees on.
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 9¢ (now) | 0.6¢ | $3.19 | 9.6% |
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Who will dissent at the December 2026 FOMC meeting? · Kevin Warsh | 1¢ | 1% | 0.1¢ | — | 2% | 19,501 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · John Williams | 3¢ | 3% | 0.2¢ | — | 7% | 2,935 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Beth Hammack | 21¢ | 21% | 1.2¢ | — | 42% | 1,058 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Jerome Powell | 4¢ | 4% | 0.2¢ | — | 7% | 1,003 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Lorie Logan | 14¢ | 14% | 0.8¢ | — | 28% | 572 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Lisa Cook | 15¢ | 15% | 0.9¢ | — | 29% | 477 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Christopher Waller | 9¢ | 9% | 0.6¢ | — | 18% | 384 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Philip Jefferson | 4¢ | 4% | 0.2¢ | — | 7% | 135 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Anna Paulson | 8¢ | 8% | 0.5¢ | — | 16% | 5 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Neel Kashkari | 12¢ | 12% | 0.8¢ | — | 25% | 2 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Michelle Bowman | 14¢ | 14% | 0.8¢ | — | 28% | 1 | Dec 09, 18:55 UTC |
| Who will dissent at the December 2026 FOMC meeting? · Michael Barr | 8¢ | 8% | 0.5¢ | — | 16% | 1 | Dec 09, 18:55 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
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