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
Forward Industries: Total SOL Holdings Exceed 6.87 Million, All Staked
Forward Industries discloses total SOL holdings have exceeded 6.87 million tokens
Ethereum treasury company ETHZilla to implement 10-for-1 reverse stock split on October 20
Trending news
MoreCrypto prices
More
