Polymarket's odds of a "25 basis point Fed rate hike in September" rise to 80%, up 31% in a single week
PPP prediction market tool monitoring shows that on Polymarket, the probability of a "25 basis point Fed rate hike in September" has risen to 80%, up 31% in a single week; the probability of keeping rates unchanged has dropped to 19%.
According to the schedule, the Federal Reserve will hold its monetary policy meeting from September 15 to 16, Eastern Time, and will announce its interest rate decision on the 16th, Eastern Time (early morning of the 17th, Beijing Time). After last week's hot inflation report, the market now widely expects the Fed to announce a 25 basis point rate hike at this meeting.
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