A sharp turn in just one week: Prediction markets on Kalshi now give a 25-basis-point Fed rate hike a 89% chance at the December 9 meeting, up from 64% seven days ago. Think of it like a crowd changing its vote: a hold has fallen to 5%. These are market odds, not a promise from the Fed.By Frame Terminal, Nov 12, 2026. 10 likes, 0 comments.