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Prediction markets priced October shutdown near 70% in late September as Fed faces data blackout
- Prediction markets priced October shutdown near 70% in late September as Fed faces data blackout — Polymarket and Kalshi both showed about a 70% probability of an October 1 shutdown in late September after Congress missed its funding deadline, according to the analysis. It says the FOMC will still meet in October despite suspended economic data, because the Fed is funded independently of appropriations. (MarketsNxt)
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