Polymarket "Probability of the Fed cutting interest rates before the end of the June FOMC meeting" dropped 11% in 24 hours, currently at 28%.
Odaily reported that Odaily Seer channel monitoring shows the probability of the Polymarket event "Federal Reserve cuts interest rates before the end of the June FOMC meeting" has dropped by 11% in the past 24 hours, currently at 28%. Previously, it reached as high as 39%. The trading volume for this event is nearly $1.8 million.
Earlier news indicated that the continuous rise in core PCE is unfavorable for the Federal Reserve's dovish stance. In addition, it is expected that the Federal Reserve will cut interest rates by 25 basis points each in September 2026 and March 2027, whereas previous forecasts predicted rate cuts in June and September this year.
Odaily Seer channel continues to monitor the prediction market, observing changes before pricing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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