Polymarket Odds of Fed September 25bps Rate Hike Rise to 52%, Up 20% in a Week
OdailyPPP Prediction Market Tool monitoring shows that the probability of a 25 basis point rate hike by the Fed in September on Polymarket has risen to 52%, up 20% in a week.
The market is currently focused on the U.S. August non-farm payroll report, which will be released on Friday, September 4. Strong data could further boost rate hike bets. Fed Chair Warsh previously stated at the Jackson Hole Global Central Bank Symposium that if the Fed cannot be confident that underlying inflation is "clearly and sufficiently quickly" returning to the 2% target, then rate hikes remain under consideration.
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