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Sunney
@suuey4557
Polymarket sees 57% chance of Trump win...CME FedWatch sees 100% chance of Fed cutting 25 bp in Nov. With the U.S. presidential election just one day away, crypto-based political betting site Polymarket is giving former U.S. President Donald Trump a 57.3% chance of winning. Vice President Carmela Harris has a 42.7% chance of winning. However, CryptoQuant CEO Ji-Young Koo told X that "the results from the decentralized prediction market platform Polymarket appear to be overstated," and that the actual election is likely to be close. Meanwhile, the probability of a 25 basis point (0.25 percentage point) rate cut in the federal funds rate futures market in November is now at 100%, according to the Chicago Mercantile Exchange (CME) FedWatch tool. The U.S. Federal Reserve's Federal Open Market Committee (FOMC) will meet on Nov. 7 (local time).
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