The probability of a 25 basis point rate cut by the Federal Reserve in October is 98% on Polymarket.
Foresight News reported that, according to Polymarket's official website data, the market estimates a 96% probability that the Federal Reserve will cut interest rates by 25 basis points in October. Currently, the total trading volume in this prediction market exceeds $230 millions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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