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CME Futures and Polymarket Predict Jumbo 50bps Rate Cut – Will the Fed Deliver?

September 16, 2024
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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 […]
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