Prediction Markets and CME Fedwatch Data Place Sky-High Odds on Fed Rate Cut for September
Amid the pressure President Trump has been piling on Federal Reserve Chair Jerome Powell, traders are now leaning heavily toward the idea of a small rate trim. CME’s Fedwatch data shows an 85.7% probability that a quarter-point cut is on the horizon, making it the clear favorite in the market’s playbook. Kalshi, Polymarket, and Wall […]