Polymarket's "Fed to keep rates unchanged in October" probability rises to 59%, up 28% in 24 hours

PPP Prediction Market Tool monitoring shows that on Polymarket, the probability of "the Fed keeping rates unchanged in October" has risen to 59%, up 28% in 24 hours; the probability of a 25 basis point rate hike has dropped to 42%, down 27% in 24 hours.

Today at 20:15 Beijing time, the U.S. September ADP employment data will be released first, followed closely by the August PCE data that the Fed focuses on. The market expects core PCE to remain flat at 3.3% year-over-year.

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