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Com TW NOw News 2024

Fedwatch tool and Polymarket indicate high likelihood of rate cut in September
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Fedwatch tool and Polymarket indicate high likelihood of rate cut in September

Fedwatch tool and Polymarket indicate high likelihood of rate cut in SeptemberThe market is currently leaning towards the US Federal Reserve cutting its benchmark interest rate at the Federal Open Market Committee (FOMC) meeting on September 18, 2024. The CME Fedwatch tool currently shows a 75% probability of a 25 basis point (bps) rate cut. On Polymarket, bettors are even more confident, with an 82% chance of (…)