Data tracked by Odaily shows the market is increasingly leaning toward no rate change from the U.S. Federal Reserve in September. The probability of a 25-basis-point hike has fallen to 25%, while the odds of rates staying unchanged have climbed to 74%. Trading volume tied to the related prediction event has reached $33.8 million. The figures point to active participation in rate-outlook trading as market attention stays fixed on the Fed’s next policy decision.
Data cited by Odaily shows the probability of the U.S. Federal Reserve delivering a 25-basis-point rate hike in September has dropped to 25%, while the probability of rates remaining unchanged has risen to 74%.
Trading volume for the related prediction event has reached $33.8 million.
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