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Prediction market puts Fed hike odds at 70.5% ahead of FOMC

  • Prediction market gives the Fed hike outcome a 70.5% Yes lead.
  • 70.5% is the market’s current reading for a Federal Reserve rate increase.
  • Three July dissenters and fresh CPI data precede the next FOMC decision.

A prediction market now assigns a 70.5% lead to the Yes outcome on a Federal Reserve interest-rate hike. The market reading comes as three July dissenters and fresh Consumer Price Index data are due before the next FOMC (Federal Open Market Committee) decision.

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Prediction market puts Fed hike odds at 70.5% ahead of FOMC - CoinPost Terminal