FOMC Polymarket Odds: Fed Rate Hike Probability Falls to 14% Ahead of October Meeting

Polymarket pricing for the Federal Reserve’s October 27–28 meeting showed an 87% probability that rates would remain unchanged and a 14% probability of a 25-basis-point increase, with less than a 1% chance assigned to a rate cut or a larger increase. The contract had attracted tens of millions of dollars in trading volume.