After Powell's speech, the probability of a Fed rate cut on Polymarket rose to 94%
According to ChainCatcher, after Powell's "dovish" speech last night, the probability of a Federal Reserve rate cut on Polymarket has risen to 94%. Meanwhile, CME "FedWatch" data shows the probability of a rate cut remains at a high level of 95.7%. Traders seem to be highly confident that the Federal Reserve will cut rates in October.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy and Crypto Treasury companies are at risk of being more broadly excluded from stock indices.
Analysis: If Strategy is removed from the MSCI index, other indices in the global financial markets may follow suit
Uniswap "UNIfication" proposal governance vote officially begins, currently with 100% support
Trending news
MoreCrypto prices
More
