News · Yahoo Finance

Fed Just Paused, But Prediction Markets Aren't Buying It—Polymarket Sees 82% December Hike Odds

The Federal Reserve held rates at 3.75%–4.00% on Wednesday in a 10–2 vote, with Fed Governor Lisa Cook and Cleveland Fed President among the two dissenters who wanted another hike amid concern over persistent inflation. According to the headline, Polymarket puts the odds of a December hike at 82%.

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