Polymarket Shows 93% Odds for Fed Rate Cut in December, 68% for No Cut in January

Polymarket data show a 93% probability the Federal Reserve will cut rates by 25 basis points in December, with the rate decision set for Dec. 18. Odds for the Fed holding rates steady in January have risen to 68%, while the probability of a January rate cut stands at 27%, ahead of the Jan. 28 decision.