{"id":55441,"date":"2025-10-29T07:46:37","date_gmt":"2025-10-29T07:46:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55441"},"modified":"2025-10-29T07:46:37","modified_gmt":"2025-10-29T07:46:37","slug":"rate-cuts-a-foregone-conclusion-polymarket-bettors-convinced-jerome-powell-led-federal-reserve-will-slash-on-wednesday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55441","title":{"rendered":"Rate Cuts A Foregone Conclusion? Polymarket Bettors Convinced Jerome Powell-led Federal Reserve Will Slash On Wednesday"},"content":{"rendered":"<div>\n<p>Cryptocurrency punters are largely confident that the <strong>Federal Reserve<\/strong> will slash interest rates by 25 basis points on Wednesday.<\/p>\n<h2 class=\"wp-block-heading\">A Done Deal?<\/h2>\n<p>As of this writing, the <a href=\"https:\/\/polymarket.com\/dashboards\/fed-rates\">odds<\/a> of a quarter-point reduction stood at 98% on the decentralized prediction platform <strong>Polymarket<\/strong>. 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%.<\/p>\n<p>More than $208 million has been wagered on the outcome already. The market\u2019s resolution will depend on the <a href=\"https:\/\/www.benzinga.com\/topic\/fomc-meeting\">Federal Open Market Committee\u2019s statement<\/a> following its &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/macro-notification\/25\/10\/48485541\/rate-cuts-a-foregone-conclusion-polymarket-bettors-convinced-jerome-powell-led-federal-re?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Rate\" cuts a foregone conclusion polymarket bettors convinced jerome powell-led federal reserve will slash on wednesday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-55441","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55441"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55441\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}