Polymarket Predicts 99% Chance of Fed Rate Cut This Week

IconCryptoNewsTerminal Staff16 Sep, 2024

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Polymarket Predicts 99% Chance of Fed Rate Cut This Week

This week, users of the decentralized prediction market platform Polymarket are giving a 99% chance that the Federal Reserve will reduce interest rates. They predict a 25 basis point cut. On July 17-18, the US Federal Reserve will convene to make a decision on interest rates.