Market Eyes Fed’s Decision; Polymarket Predicts 97.5% Probability For Steady Rates

Polymarket shows a 97.5% chance that the Fed will not change interest rates this week. Analysts expect the Fed to wait until September for any rate changes amid economic data. U.K. CPI and Fed decisions on June 18 may steer global market trends this week. Polymarket, a decentralized prediction market, predicts there is a 97.5 percent chance that the Federal Reserve will not lower interest rates during its next meeting. The forecast aligns with overall market expectations, which anticipate that the Fed may maintain its rate unchanged in the immediate future. Both investors and analysts expect the Fed to delay policy changes until September. Source: Polymarket Markets on Edge Ahead of Key Global Decisions Markets are gearing up to a critical week as crucial events take place both in the US and the UK. Short-term market trends will be important for investors in this category as they are likely to be steered by political and economic developments. The U.S. Senate will vote on the GENIUS Act on Tuesday, June 17. This vote may have consequences pertaining to the policy and regulation of innovation. Source: X On Wednesday, June 18, two major economic annou… The post Market Eyes Fed’s Decision; Polymarket Predicts 97.5% Probability For Steady Rates appeared first on Coin Edition .

Source: Coin Edition