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Fed’s Next Rate Move Has Traders Staring at a Coin Toss

News.Bitcoin.com
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Fed’s Next Rate Move Has Traders Staring at a Coin Toss

The Federal Reserve waited 1,148 days to raise interest rates again, and speculators are already betting it won’t stop at one. Polymarket, Kalshi, and CME futures now lean toward another quarter-point hike at the Oct. 28 meeting, while CME puts the odds of rates being higher by December at 90.1%. Just one month ago, futures […]

Key Takeaways

  1. The Federal Reserve waited 1,148 days to raise interest rates again, and speculators are already betting it won’t stop at one.
  2. Polymarket, Kalshi, and CME futures now lean toward another quarter-point hike at the Oct.
  3. 28 meeting, while CME puts the odds of rates being higher by December at 90.1%.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.