On Polymarket, the probability of a "Fed rate cut in December" has reached 93%, while the probability of "no rate cut in January" has risen to 68%.
BlockBeats News, on December 8, the Federal Reserve will announce its December interest rate decision this week. Currently, the probability of a "Federal Reserve cutting rates by 25 basis points in December" on Polymarket is as high as 93%. The market has reached a high consensus on a rate cut this month.
In addition, on January 28 next year, the Federal Reserve will also release its January interest rate decision. As of press time, the probability of "no rate cut by the Federal Reserve in January" has risen to 68%, while the probability of a rate cut is only 27%.
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