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Polymarket Fed hike odds surged to 48 percent after CPI and PPI data before settling back to 14 percent
- Polymarket Fed hike odds surged to 48 percent after CPI and PPI data before settling back to 14 percent — CoinGabbar reports Polymarket odds for a 25 basis point Fed rate hike in October surged from 19 to 20 percent to as high as 48 percent between the CPI and PPI releases, then settled back to 14 percent. The report cites US CPI inflation at 3.7 percent and PPI at 6.3 percent, both above the Fed 2 percent target, while the no rate cuts in 2026 outcome stayed near 97 percent all week. (CoinGabbar)
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