Polymarket Data: Market Betting on 30% Probability of One Federal Reserve Rate Cut This Year

Gate News reports that on March 17, Polymarket prediction market data shows a 30% chance that the Federal Reserve will cut interest rates by 25 basis points once this year, a 23% chance of no rate cut, and a 23% chance of two rate cuts totaling 50 basis points. Currently, the trading volume on this prediction market exceeds $10.25 million.

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