Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal…
Markets Bet Big on a 25bps Fed Rate Cut—Low Odds for a Bigger Reduction
On Sept. 2, 2024, or roughly 16 days before the next Federal Open Market Committee (FOMC) meeting…
Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact
The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the…
Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest…