Polymarket Predicts 70% Chance of 25 Basis Point Fed Rate Cut
Wednesday, 4 September, 2024
Polymarket estimated the probability of a Fed rate cut at 25 points
Users of the Polymarket betting platform believe that the Fed will cut interest rates by 25 basis points with a 70% probability. The next meeting is scheduled for 17-18 September 2024.
The overall probability of a rate cut is 98%. The pool of bets on this position reached $10.9 mln.+
