Macro· ★★★★· bullish·

Kalshi traders price 85% odds of Fed hold after weak jobs report

  • —September nonfarm payrolls rose by only 29,000 jobs
  • —Kalshi puts hold odds at 85%, up from 65% after the PCE report
  • —Other readings put the chance of a 25 bps hike at 24–28%
  • —The FOMC decision is due October 28, 2026
Why it matters: A Fed pause would support risk assets including bitcoin, but hike odds of 24–28% leave room for a sharp repricing if the FOMC surprises.
Source: Crypto Briefing