Polymarket reports that the probability of the Federal Reserve keeping interest rates unchanged in January has risen to 99%.

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According to Polymarket, as reported by Odaily, traders expect the probability of the Federal Reserve maintaining interest rates unchanged in January to have risen to approximately 99%. In contrast, the probabilities of a 25 basis point rate cut, a 50 basis point rate cut, and a rate hike of more than 25 basis points are all less than 1%, with related contracts having accumulated a trading volume of over $560 million.

Previously, Nick Timiraos (https://www.odaily.news/zh-CN/newsflash/466084), a mouthpiece for the Federal Reserve, stated that Federal Reserve officials are expected to keep interest rates unchanged this week for the first time since three consecutive rate cuts last September, and the path to resuming rate cuts remains unclear.

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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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