Polymarket users forecast 97% probability of 25 bps rate cut
Crypto Briefing
Polymarket users overwhelmingly predict a 97% chance of the Federal Reserve implementing a 25 basis point rate cut today.Summary
Users on the prediction market platform Polymarket are forecasting a 97% probability that the Federal Reserve will cut interest rates by 25 basis points ahead of the upcoming FOMC policy announcement. This reflects a near-unanimous consensus among platform users for a quarter-point rate reduction. This expectation is slightly higher than the CME FedWatch data, which currently indicates about a 90% probability of a rate cut, leaving only a slim chance that the Fed will hold rates steady.
(Source：Crypto Briefing)