Polymarket puts odds of 25-basis-point October Fed hike at 65%

  • Polymarket shows a 65% chance of a 25-basis-point October Federal Reserve rate hike.
  • 35% probability is assigned to the Federal Reserve leaving rates unchanged.
  • Citi previously projected rate holds in both October and December.

PPP’s prediction-market monitoring shows Polymarket assigning a 65% probability to a 25-basis-point Federal Reserve rate increase in October, versus 35% for no change. The reading differs from Citi’s earlier analysis, which said the central bank would keep rates unchanged in October while awaiting more data on the effects of a 25-basis-point policy-rate increase, then hold again in December. Citi said a series of milder inflation readings by then should provide sufficient evidence that price growth is slowing and support another pause. PPP also invited readers to join its signal-sharing community for faster updates.

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Polymarket puts odds of 25-basis-point October Fed hike at 65% - CoinPost Terminal