Polymarkets predicts the probability of the Federal Reserve cutting interest rates by 50 basis points in September has risen to 8%.

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On August 14, the probability of a 50 basis point rate cut by the Federal Reserve in September rose to 8% on Polymarket, the probability of a 25 basis point rate cut dropped to 79%, and the probability of no rate cut is 12%.

According to CME's "Fed Watch" data, the probability of a 50 basis point rate cut by the Federal Reserve in September is 4.2%, and the probability of a 25 basis point rate cut is 95.8%.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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