Polymarket sees 59% odds Fed holds rates in October

  • Polymarket’s October Fed hold probability rose to 59%.
  • Rate-hike odds fell to 42%, down 27% over 24 hours.
  • U.S. September ADP data precede August PCE data at 20:15 Beijing time today.

Polymarket data monitored by PPP show the probability of the Federal Reserve keeping rates unchanged in October rose to 59%, up 28% over 24 hours. The probability of a 25-basis-point rate increase fell to 42%, down 27% over the same period. U.S. September ADP employment data are due first at 20:15 Beijing time today, followed by August PCE inflation data. Markets expect core PCE to remain at 3.3% year over year. PPP also invited readers to join its signal-push community, and provided the original Polymarket event link.

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Polymarket sees 59% odds Fed holds rates in October - CoinPost Terminal