What's the Buzz Around the Fed's Next Move?
People are placing bets on what the Federal Reserve will do with interest rates next month. The chances of a small cut, 25 basis points, have gone up to 81% on a platform called Polymarket. This is a big jump from the 67% seen the day before and 44% from the previous week. But the idea of a larger cut, 50 basis points, is still low at just 2%. The thought of rates s...