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Polymarket predicts 94% probability of 25 basis point rate cut by the Federal Reserve in December
Summary: According to Polymarket data, the probability of a 25 basis point rate cut by the Federal Reserve in December has increased to 94%, with only a 6% probability of maintaining the current interest rates. Some users are even betting on a '50 basis point rate cut' (currently 1% probability), with the trading volume for this ...
According to Polymarket data, the probability of a 25 basis point rate cut by the Federal Reserve in December has increased to 94%, with only a 6% probability of maintaining the current interest rates. Some users are even betting on a '50 basis point rate cut' (currently 1% probability), with the trading volume for this prediction event reaching $260 million.
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Link: Polymarket predicts 94% probability of 25 basis point rate cut by the Federal Reserve in December [Copy]
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Link: Polymarket predicts 94% probability of 25 basis point rate cut by the Federal Reserve in December [Copy]
