Prediction Markets and CME Fedwatch Data Place Sky-High Odds on Fed Rate Cut for September
Main Idea
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Description
Amid the pressure President Trump has been piling on Federal Reserve Chair Jerome Powell, traders are now leaning heavily toward the idea of a small rate trim. CME’s Fedwatch data shows an 85.7% probability that a quarter-point cut is on the horizon, making it the clear favorite in the market’s playbook. Kalshi, Polymarket, and Wall
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