FOMC decision to be announced soon, OKX "Prophet Season 2" shows 88% expect a 25 basis point rate hike

Odaily News: According to official sources, the U.S. Federal Reserve's September FOMC interest rate decision is about to be announced. Data from OKX "Prophet Season 2" predictions shows that as of now, about 88% expect a 25 basis point rate hike, about 20% expect rates to remain unchanged, and about 1% expect a 25 basis point rate cut. Cumulative trading volume for related events has reached 19.46 million.

It is reported that "OKX Prophet Season 2" allows users to use free XP to predict real-world events in macroeconomics, sports, esports, F1, and more. Participants can join the weekly PnL leaderboard and the season's total points leaderboard to share a total prize pool of $600,000. Users can open the OKX App and go to "Planet" - "Outcomes" to participate in the event.