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The probability of a 25 basis point rate cut by the Fed in December on Polymarket exceeds 81%.

[Polymarket predicts that the probability of the Fed lowering interest rates by 25 basis points in December exceeds 81%] Polymarket data shows that “the probability of predicting the Fed lowering interest rates by 25 basis points in December has risen to 81%”, while the probability of keeping interest rates unchanged has fallen to 18%. The trading volume of this predicted event has reached $159 million.

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