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Polymarket users forecast 97% probability of 25 bps rate cut
Source: CryptoBriefing Original Title: Polymarket users forecast 97% probability of 25 bps rate cut Original Link: https://cryptobriefing.com/polymarket-rate-cut-forecast/ Polymarket users are forecasting a 97% probability that the Federal Reserve will cut interest rates by 25 basis points. The decision will come in under three hours.
The prediction market platform shows near-consensus expectations among users for the quarter-point rate reduction.
CME FedWatch data now indicate around a 90% probability of a rate reduction, leaving only just over 10% chance that the Federal Reserve will maintain current rates.