1. Home
  2. bitcoin.com
  3. Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut
Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut

Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut

0

Source: Bitcoin.com

Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate CutRight now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are even more confident, showing an 82% chance of […]

Go to Source
Author: Jamie Redman