Prediction Markets Price September Fed Rate Hike at 78–81%
- —U.S. core inflation rose 0.3% month-over-month versus a 0.2% forecast
- —Annual inflation held at 3.4%, while core slowed to 2.4%
- —Gasoline rose 3.9% month-over-month and 27.4% year-over-year
- —Combined volume on Kalshi and Polymarket exceeded $215 million
Why it matters: A rate hike for the first time since 2023 would strengthen the dollar and yields, which historically pressures liquid assets including bitcoin.
Source: Coinspeaker