{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-VQX56B9PM6",
  "slug": "kxcbdecisionnz-26sep01",
  "question": "Will the Reserve Bank of New Zealand cut interest rates in September?",
  "category": "economics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "economics",
    "rbnz-policy",
    "interest-rates",
    "monetary-policy",
    "new-zealand",
    "central-banking"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track the Reserve Bank of New Zealand's September 2026 Monetary Policy Committee rate decision. Kalshi lists five discrete outcome tiers: cut more than 25bps, cut 1-25bps, hold, hike 1-25bps, and hike more than 25bps. The five contracts are mutually exclusive and collectively exhaustive, pricing the full policy rate distribution in a single structured set. Resolution follows Kalshi staff determination against the RBNZ's official September 2026 announcement.",
  "venues_covered": [
    "kalshi"
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  "primary_market_id": "CM-MKT-W63DH6RL22",
  "current_primary_mark": {
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    "implied_probability": 0.95
  },
  "created_at": "2026-08-04T20:03:51.865287+00:00",
  "updated_at": "2026-08-04T20:03:51.865287+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-DDJ1YV1S90",
      "event_id": "CM-EVT-VQX56B9PM6",
      "platform": "kalshi",
      "platform_market_id": "KXCBDECISIONNZ-26SEP01-C25P",
      "question": "Will the Reserve Bank of New Zealand Cut more than 25bps at the September Reserve Bank of New Zealand Monetary Policy Review meeting?",
      "description": "Cut more than 25bps",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Cut more than 25bps: The Reserve Bank of New Zealand's official monetary policy decision announcement at its September 2026 review meeting, as confirmed by Kalshi staff determination, resolves the outcome.",
      "close_at": "2026-09-02T01:59:00Z",
      "resolve_at": "2026-09-02T02:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the Reserve Bank of New Zealand takes the action of Cut more than 25bps at September Reserve Bank of New Zealand Monetary Policy Review meeting, then the market resolves to Yes.\n\nThe market resolves based on the official policy rate decision announced by the central bank. For central banks with multiple policy rates, only changes to the primary policy rate count. If the meeting is cancelled or delayed past the expiration date, markets for \"No change\" resolve to Yes and all others resolve to No. Emergency rate changes between scheduled meetings do not affect resolution of contracts tied to scheduled meetings. The specific basis point ranges are inclusive (e.g., \"25-50bp\" includes both 25bp and 50bp changes).",
        "arbitration_model": "kalshi_staff",
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        "source": "central bank",
        "source_status": "platform_named",
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          },
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            "url": "https://kalshi.com/",
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            "name": "MarketWatch",
            "url": "https://kalshi.com/",
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            "name": "The Information",
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            "url": "https://www.cbsnews.com/",
            "provenance": "platform_api"
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            "name": "NBC",
            "url": "https://www.nbcnews.com/",
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            "name": "Federal Reserve Economic Data",
            "url": "https://kalshi.com/",
            "provenance": "platform_api"
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            "name": "Axios",
            "url": "https://www.axios.com",
            "provenance": "platform_api"
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            "name": "Bloomberg Terminal",
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            "name": "CNN",
            "url": "https://www.cnn.com/",
            "provenance": "platform_api"
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            "name": "Fox News",
            "url": "https://www.foxnews.com",
            "provenance": "platform_api"
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            "name": "Reuters",
            "url": "https://www.reuters.com/",
            "provenance": "platform_api"
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            "name": "Politico",
            "url": "https://www.politico.com",
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            "url": "https://www.msnbc.com",
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          {
            "name": "The Washington Post",
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            "name": "ABC",
            "url": "https://abcnews.go.com/",
            "provenance": "platform_api"
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            "name": "Financial Times",
            "url": "https://www.ft.com",
            "provenance": "platform_api"
          },
          {
            "name": "The New York Times",
            "url": "https://www.nytimes.com",
            "provenance": "platform_api"
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          {
            "name": "the official policy rate decision announced by the central bank",
            "url": null,
            "provenance": "clearmarket_editorial"
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        "source_of_record": "central bank",
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        "source_hedge_text": null
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      "rcg": {
        "grade": "A",
        "score": 91,
        "caps": [],
        "applied_factors": 7
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      "last_price": 0.04,
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      "volume_24h_usd": 0,
      "volume_total_usd": 42.48,
      "settlement_style": "touch",
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      "question_id": "CMX-C5E4F5E4D8",
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    },
    {
      "market_id": "CM-MKT-J1S0SHRMC3",
      "event_id": "CM-EVT-VQX56B9PM6",
      "platform": "kalshi",
      "platform_market_id": "KXCBDECISIONNZ-26SEP01-C25",
      "question": "Will the Reserve Bank of New Zealand Cut 1-25bps at the September Reserve Bank of New Zealand Monetary Policy Review meeting?",
      "description": "Cut 1-25bps",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Cut 1-25bps: The Reserve Bank of New Zealand's official monetary policy decision announcement at its September 2026 review meeting, as confirmed by Kalshi staff determination, resolves the outcome.",
      "close_at": "2026-09-02T01:59:00Z",
      "resolve_at": "2026-09-02T02:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the Reserve Bank of New Zealand takes the action of Cut 1-25bps at September Reserve Bank of New Zealand Monetary Policy Review meeting, then the market resolves to Yes.\n\nThe market resolves based on the official policy rate decision announced by the central bank. For central banks with multiple policy rates, only changes to the primary policy rate count. If the meeting is cancelled or delayed past the expiration date, markets for \"No change\" resolve to Yes and all others resolve to No. Emergency rate changes between scheduled meetings do not affect resolution of contracts tied to scheduled meetings. The specific basis point ranges are inclusive (e.g., \"25-50bp\" includes both 25bp and 50bp changes).",
        "arbitration_model": "kalshi_staff",
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            "name": "Axios",
            "url": "https://www.axios.com",
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            "name": "Bloomberg Terminal",
            "url": "https://kalshi.com/",
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            "name": "Fox News",
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            "name": "The Washington Post",
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            "name": "ABC",
            "url": "https://abcnews.go.com/",
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          {
            "name": "Financial Times",
            "url": "https://www.ft.com",
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          {
            "name": "The New York Times",
            "url": "https://www.nytimes.com",
            "provenance": "platform_api"
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          {
            "name": "the official policy rate decision announced by the central bank",
            "url": null,
            "provenance": "clearmarket_editorial"
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        ],
        "source_of_record": "central bank",
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        "source_quality": "authoritative",
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      "rcg": {
        "grade": "A",
        "score": 91,
        "caps": [],
        "applied_factors": 7
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      "last_price": 0.08,
      "implied_probability": 0.08,
      "volume_24h_usd": 0,
      "volume_total_usd": 185.76,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-6CF8DCBEEA",
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      "tags": [
        "monetary-policy",
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        "rbnz official cash"
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    },
    {
      "market_id": "CM-MKT-S6TTCQYVH3",
      "event_id": "CM-EVT-VQX56B9PM6",
      "platform": "kalshi",
      "platform_market_id": "KXCBDECISIONNZ-26SEP01-HOLD",
      "question": "Will the Reserve Bank of New Zealand Maintain current rate at the September Reserve Bank of New Zealand Monetary Policy Review meeting?",
      "description": "Maintain current rate",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Maintain current rate: The Reserve Bank of New Zealand's official monetary policy decision announcement at its September 2026 review meeting, as confirmed by Kalshi staff determination, resolves the outcome.",
      "close_at": "2026-09-02T01:59:00Z",
      "resolve_at": "2026-09-02T02:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the Reserve Bank of New Zealand takes the action of Maintain current rate at September Reserve Bank of New Zealand Monetary Policy Review meeting, then the market resolves to Yes.\n\nThe market resolves based on the official policy rate decision announced by the central bank. For central banks with multiple policy rates, only changes to the primary policy rate count. If the meeting is cancelled or delayed past the expiration date, markets for \"No change\" resolve to Yes and all others resolve to No. Emergency rate changes between scheduled meetings do not affect resolution of contracts tied to scheduled meetings. The specific basis point ranges are inclusive (e.g., \"25-50bp\" includes both 25bp and 50bp changes).",
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            "name": "the official policy rate decision announced by the central bank",
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    {
      "market_id": "CM-MKT-W63DH6RL22",
      "event_id": "CM-EVT-VQX56B9PM6",
      "platform": "kalshi",
      "platform_market_id": "KXCBDECISIONNZ-26SEP01-H25",
      "question": "Will the Reserve Bank of New Zealand Hike 1-25bps at the September Reserve Bank of New Zealand Monetary Policy Review meeting?",
      "description": "Hike 1-25bps",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Hike 1-25bps: The Reserve Bank of New Zealand's official monetary policy decision announcement at its September 2026 review meeting, as confirmed by Kalshi staff determination, resolves the outcome.",
      "close_at": "2026-09-02T01:59:00Z",
      "resolve_at": "2026-09-02T02:00:00Z",
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        "rules_raw": "If the Reserve Bank of New Zealand takes the action of Hike 1-25bps at September Reserve Bank of New Zealand Monetary Policy Review meeting, then the market resolves to Yes.\n\nThe market resolves based on the official policy rate decision announced by the central bank. For central banks with multiple policy rates, only changes to the primary policy rate count. If the meeting is cancelled or delayed past the expiration date, markets for \"No change\" resolve to Yes and all others resolve to No. Emergency rate changes between scheduled meetings do not affect resolution of contracts tied to scheduled meetings. The specific basis point ranges are inclusive (e.g., \"25-50bp\" includes both 25bp and 50bp changes).",
        "arbitration_model": "kalshi_staff",
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            "name": "The New York Times",
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            "provenance": "clearmarket_editorial"
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