Macro· ★★★· bearish·

Polymarket odds of an October Fed hike hit 47.5% intraday after CPI

  • —US September CPI came in at +0.6% m/m and +3.7% y/y, core +0.3% m/m
  • —Polymarket odds of an October hike peaked near 47.5% intraday
  • —Kalshi priced a hike at 33%, later easing to 24%
  • —Polymarket now shows 21.5% for a hike and 76.5% for a hold
Why it matters: Rate-hike expectations drive pressure on bitcoin and risk assets, with the October 27–28 FOMC meeting as the key volatility trigger.
Source: TokenPost