Prediction market platform Polymarket indicates a 94% probability that the Federal Reserve will maintain interest rates at its March meeting. This marks a significant increase from previous expectations. The likelihood of a 25-basis-point rate cut stands at approximately 5%, while the chances of a rate cut exceeding 50 basis points or a rate hike over 25 basis points are both less than 1%. The contract has seen a trading volume of about $144 million, suggesting traders anticipate policy stability in the near term.
Polymarket Predicts 94% Chance of Fed Holding Rates Steady in March
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
