Prediction market platform Kalshi reports a 60% probability of a Federal Reserve rate hike at this month's FOMC meeting, the highest in the platform's history. This shift reflects market adjustments to recent inflation data and Fed policy expectations.
Kalshi, the prediction market platform, now puts the odds of a Federal Reserve interest rate hike at this month's FOMC meeting at 60%—the highest reading the platform has ever shown. That swing points to a market repricing after recent inflation data and changing expectations around where Fed policy goes next. (Source: Kalshi)
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