OKX FOMC forecasts show 88% expectation of 25-basis-point hike

  • OKX’s Prophet Season 2 tracks forecasts for the Federal Reserve’s September FOMC decision.
  • 19.46 million in cumulative event trading volume has been recorded so far.
  • Users can forecast macro, sports, esports and F1 events for a $600,000 prize pool.

Expectations tracked through OKX’s Prophet Season 2 ahead of the Federal Reserve’s September FOMC (rate-setting committee) decision show an 88% share for a 25-basis-point rate increase, 20% for unchanged rates and 1% for a 25-basis-point cut. Cumulative trading volume for the event has reached 19.46 million, with the source not specifying a currency. The program lets users spend free XP to forecast macroeconomic, sports, esports and F1 events, compete in weekly PnL (profit and loss) and season-long rankings, and share a $600,000 prize pool. Users can access it in the OKX App through Planet and Outcomes.

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OKX FOMC forecasts show 88% expectation of 25-basis-point hike - CoinPost Terminal