Polymarket estimated the probability of an interest rate cut in September at 52%

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

There is a 42% probability of a 25 basis point cut and a 52% probability of a 50 basis point cut. Bid volume 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 Fed's next meeting, scheduled for September 17-18, 2024.

Polymarket estimated the probability of an interest rate cut in September at 52%

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

There is a 42% probability of a 25 basis point cut and a 52% probability of a 50 basis point cut. Bid volume 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 Fed's next meeting, scheduled for September 17-18, 2024. 
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