sekar nallalu CME Fedwatch,Cryptocurrency,Economics,Federal Reserve,FOMC Meeting,Interest Rate Cut,Monetary Policy,Polymarket,recession fears,Stock Market,U.S. economy Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut – Economics Bitcoin News

Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut – Economics Bitcoin News

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Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are even more confident, showing an 82% chance of […]

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