The post Polymarket users forecast 97% probability of 25 bps rate cut appeared on BitcoinEthereumNews.com. Key Takeaways Polymarket users predict a 97% probability of a 25 bps Federal Reserve rate cut. There is near-unanimous consensus on Polymarket for a quarter-point cut before the FOMC decision. Polymarket users are forecasting a 97% probability that the Federal Reserve will cut interest rates by 25 basis points today. The decision will come in under three hours. The prediction market platform shows near-consensus expectations among users for the quarter-point rate reduction. CME FedWatch data now indicate around a 90% probability of a rate reduction, leaving only just over 10% chance that the Federal Reserve will maintain current rates. Source: https://cryptobriefing.com/polymarket-rate-cut-forecast/The post Polymarket users forecast 97% probability of 25 bps rate cut appeared on BitcoinEthereumNews.com. Key Takeaways Polymarket users predict a 97% probability of a 25 bps Federal Reserve rate cut. There is near-unanimous consensus on Polymarket for a quarter-point cut before the FOMC decision. Polymarket users are forecasting a 97% probability that the Federal Reserve will cut interest rates by 25 basis points today. The decision will come in under three hours. The prediction market platform shows near-consensus expectations among users for the quarter-point rate reduction. CME FedWatch data now indicate around a 90% probability of a rate reduction, leaving only just over 10% chance that the Federal Reserve will maintain current rates. Source: https://cryptobriefing.com/polymarket-rate-cut-forecast/