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December Fed hike odds slip 5 points to 75.5 percent on Polymarket after September PCE data, CosAnalyst reports
- December Fed hike odds slip 5 points to 75.5 percent on Polymarket after September PCE data, CosAnalyst reports — Polymarket priced a 25 basis point December rate hike at 75.5 percent as of 1:10 PM PT on October 29, down 5 points in a day from 80.5 percent on Wednesday, with Kalshi at 75 cents and the CME FedWatch tool at 79.6 percent. September PCE inflation rose to 3.6 percent headline and 3.1 percent core, in line with expectations, a day after the Fed held rates at 3.75 to 4 percent in a 10 to 2 vote. (CosAnalyst)
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