{"id":28349,"date":"2024-09-03T20:00:18","date_gmt":"2024-09-03T17:00:18","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=28349"},"modified":"2024-09-03T12:51:18","modified_gmt":"2024-09-03T09:51:18","slug":"polymarket-bets-on-fed-rate-cut-in-september","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/","title":{"rendered":"Polymarket Bets on Fed Rate Cut in September"},"content":{"rendered":"<p><strong>Polymarket<\/strong> traders are <a href=\"https:\/\/polymarket.com\/event\/fed-interest-rates-september-2024?tid=1725342233728\">betting<\/a> that the Federal Open Market Committee (FOMC) meeting set for September 17\u201318, 2024, would lower the federal funds rate.<\/p>\n<p>A bet with $10.9 million volume reflects this attitude: 77% of traders expect a 25 basis point drop as the most likely result; 21% prefer a 50 basis point reduction; only 3% think there won&#8217;t be a rate cut.<\/p>\n<p>Many elements influence expectations for a rate drop: a drop in inflation strengthens the case for a rate reduction; a worsening employment market shows the necessity of more favorable economic policies.<\/p>\n<p>These findings coincide with the twin goal of the Federal Reserve to strike a balance between management of inflation and economic development. Although most experts agree on a 25 basis point cut, should the state of the economy deteriorate enough, a more significant drop could be in hand.<\/p>\n<p>Forecasts of a reduction in Bitcoin price volatility by analysts abound. They expect that players in the market are getting ready for the probably start of a rate-cutting cycle by the U.S. Federal Reserve next month.<\/p>\n<p>Over the past year, <strong>Polymarket<\/strong> has grown in relevance among the crypto scene. Leveraging crypto tokens to purchase and sell shares, traders gamble on the platform to forecast different results. The cumulative volume of the platform shows this increase in activity: $1 billion in July to $1.52 billion by the end of August.<\/p>\n<p>&nbsp;<\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our <a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polymarket traders are betting that the Federal Open Market Committee (FOMC) meeting set for September 17\u201318, 2024, would lower the federal funds rate. A bet with $10.9 million volume reflects this attitude: 77% of traders expect a 25 basis point drop as the most likely result; 21% prefer a 50 basis point reduction; only 3%<\/p>\n","protected":false},"author":6,"featured_media":21183,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8388,1477,3014],"class_list":["post-28349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-federal-open-market-committee","tag-fomc","tag-polymarket"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Polymarket Bets on Fed Rate Cut in September - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polymarket Bets on Fed Rate Cut in September - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Polymarket traders are betting that the Federal Open Market Committee (FOMC) meeting set for September 17\u201318, 2024, would lower the federal funds rate. A bet with $10.9 million volume reflects this attitude: 77% of traders expect a 25 basis point drop as the most likely result; 21% prefer a 50 basis point reduction; only 3%\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-03T17:00:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-03T09:51:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Company_Logo_Polymarket.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"574\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/\",\"name\":\"Polymarket Bets on Fed Rate Cut in September - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Company_Logo_Polymarket.png\",\"datePublished\":\"2024-09-03T17:00:18+00:00\",\"dateModified\":\"2024-09-03T09:51:18+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Company_Logo_Polymarket.png\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Company_Logo_Polymarket.png\",\"width\":1200,\"height\":574,\"caption\":\"polymarket\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Polymarket Bets on Fed Rate Cut in September\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Polymarket Bets on Fed Rate Cut in September - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/","og_locale":"en_US","og_type":"article","og_title":"Polymarket Bets on Fed Rate Cut in September - Coin Engineer","og_description":"Polymarket traders are betting that the Federal Open Market Committee (FOMC) meeting set for September 17\u201318, 2024, would lower the federal funds rate. A bet with $10.9 million volume reflects this attitude: 77% of traders expect a 25 basis point drop as the most likely result; 21% prefer a 50 basis point reduction; only 3%","og_url":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/","og_site_name":"Coin Engineer","article_published_time":"2024-09-03T17:00:18+00:00","article_modified_time":"2024-09-03T09:51:18+00:00","og_image":[{"width":1200,"height":574,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Company_Logo_Polymarket.png","type":"image\/png"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/","url":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/","name":"Polymarket Bets on Fed Rate Cut in September - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Company_Logo_Polymarket.png","datePublished":"2024-09-03T17:00:18+00:00","dateModified":"2024-09-03T09:51:18+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Company_Logo_Polymarket.png","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Company_Logo_Polymarket.png","width":1200,"height":574,"caption":"polymarket"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/polymarket-bets-on-fed-rate-cut-in-september\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Polymarket Bets on Fed Rate Cut in September"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/28349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=28349"}],"version-history":[{"count":2,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/28349\/revisions"}],"predecessor-version":[{"id":28371,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/28349\/revisions\/28371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/21183"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=28349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=28349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=28349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}