Prediction market participants are increasingly anticipating an unscheduled interest rate hike by the U.S. Federal Reserve. The Fed’s current federal funds rate stands between 3.50% and 3.75%. The odds of a rate hike by September 2026 now reach 60.5%, compared to 24.9% for July 2026. This development marks a reversal from previous expectations of rate cuts, as investors reassess the likelihood of tighter monetary policy.
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