Markets Bet on Fed Pivot as Central Bank Holds Firm
Traders are pricing in a 67% chance of a December rate cut, per Polymarket data, despite no clear signals from the Federal Reserve. This disconnect follows a volatile week shaped by inflation metrics and shifting market sentiment.
The Fed's silence contrasts sharply with futures markets, where bets on easing have accelerated. Policymakers remain divided, leaving room for potential macroeconomic disruptions if expectations diverge further from reality.