FOMC Polymarket Odds: Fed Rate Hike Probability Falls to 14% Ahead of October Meeting
Photo: Cryptonews
FOMC Polymarket odds increasingly favor the Federal Reserve leaving interest rates unchanged at its October meeting, with the probability of another rate hike falling sharply despite persistent inflation concerns. According to the latest Polymarket figures, the odds of the Fed holding rates steady stand at 87%, while the probability of a 25-basis-point increase has dropped to 14%. The market assigns less than a 1% chance to a rate cut or a larger increase. The figures suggest traders expect Federal Reserve Chair Kevin Warsh and the Federal Open Market Committee (FOMC) to take a wait-and-see approach at their October 27–28 meeting.
Source: Cryptonews
