As the U.S. central bank members prepare for their meeting on Wednesday, just a day ago, the likelihood of a 25-basis point (bps) rate cut versus a 50bps cut was evenly split at 50-50. Fast forward to today, and the odds are now tipping in favor of a larger 50bps reduction. Predictions from betting market […]
Source: https://news.bitcoin.com/cme-futures-and-polymarket-predict-jumbo-50bps-rate-cut-will-the-fed-deliver/
