Macro· ★★★· bullish·

Polymarket No Longer Prices In a Fed Rate Hike at Upcoming Meeting

  • —Polymarket no longer projects a Fed rate hike at the upcoming FOMC meeting
  • —Jefferson backed September's 25 bps hike to 3.75%–4.00% but sees no urgency for another move
  • —The average 30-year fixed mortgage rate hit 7.6%, the highest since November 2023
  • —Mortgage rates have climbed 70 basis points over the past month
Why it matters: Easing rate-hike expectations reduces pressure on risk assets, including bitcoin and the broader crypto market.
Source: Watcher Guru
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