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Polymarket sees 62% chance Fed hikes rates again this year

  • Polymarket assigns another Federal Reserve rate hike a 62% chance this year.
  • 62% is the market’s current probability for an additional rate increase.
  • Federal Reserve recently raised rates for the first time in three years.

Polymarket, a prediction market, puts the probability of another Federal Reserve rate hike this year at 62%. The assessment comes after the Fed raised interest rates for the first time in three years, while market participants continue to price in the possibility that the tightening cycle is not over.

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