Rate Cuts A Foregone Conclusion? Polymarket Bettors Convinced Jerome Powell-led Federal Reserve Will Slash On Wednesday
Posted On October 29, 2025
Cryptocurrency punters are largely confident that the Federal Reserve will slash interest rates by 25 basis points on Wednesday.
A Done Deal?
As of this writing, the odds of a quarter-point reduction stood at 98% on the decentralized prediction platform Polymarket. On the other hand, there was only a 1% chance that the rates would stay at their current range of 4.00% to 4.25%.
More than $208 million has been wagered on the outcome already. The market’s resolution will depend on the Federal Open Market Committee’s statement following its …
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