Polymarket assessed the likelihood of an interest rate cut in September

Most Polymarket platform users believe that the Fed will cut interest rates in September 2024. The volume of funds at this rate exceeded $1.5 million.

The probability of a decrease in the indicator by 25 basis points is 42%, by 50 basis points - 52%. The volume of bets on these two forecasts reached $766,000 and $324,000, respectively.

The probability that the regulator will leave the rate unchanged at 550 basis points is 5%. This reflects the degree of positive investor expectations ahead of the next Fed meeting, scheduled for September 17-18, 2024.