Fed Still on Track to Hike Interest Rates in October? Here's What Prediction Markets Say
Cryptocurrency bettors have sharply lowered the odds of a quarter-point interest rate in October, following pushback from key Federal Reserve officials against rushing the next policy move.
People who bet on interest rates now think a rate increase in October is less likely. This suggests the Federal Reserve might wait longer before raising rates again.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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