Polymarket Bettors See 50% Chance Of Fed September Rate Cuts As Trump Turns Up Heat On Powell

Cryptocurrency bettors now estimate a 50% possibility that the Federal Reserve will cut interest rates for the first time in 2025 during its September meeting.What happened: As of this writing, theoddsof a 25 basis point cut were at 50% on the decentralized prediction platformPolymarket. On the other hand, the odds that rates will remain unchanged from the current 4.25%-4.50% range were 44%.The probability of rates going unchanged during the July meeting was 96%.These bets were roughly consistent with the CME FedWatch tracker, whichshoweda 95% chance of rates remaining steady in July. For September, traders priced in a 62% chance of a 0.25% rate cut.Goldman Sachseconomists alsoanticipate a rate cut in September, three months earlier than they had previously forecast, due to the lower-than-expected impact of tariffs.See Also:Peter Schiff Says Trump’s Tax Cuts ‘Won’t Grow The Economy.’ Instead, He Warns They’ll Lead To Higher Interest Rates And InflationPolymarket, based onPolygonPOL/USD, allows users to buy “Yes” and “No” shares inUSDCUSDC/USDstablecoin. The shares representing the correct outcome are paid out $1 USDC each upon market resolution.The platform is not accessible in the U.S. due to regulatory restrictions.Why It Matters: The jump in odds comes in the wake of PresidentDonald Trump'sescalating criticism of Fed ChairJerome Powell.Trump reiterated his call for Powell to “resign immediately” and asked for a congressional investigation into allegations that the Fed Chair gavefalse informationduring a Senate Banking Committee testimony.On monetary policy, Trumphas accused Powell of keeping interest rates “artificially high”and argued that the benchmark should be reduced to “1% or 2%,” or half of what it is now.Earlier this month, Powell said that Trump's tariff strategy haddeterred the Federal Reservefrom implementing a more dovish monetary policy.Loading...Loading...Read Next:Trump’s Tariff Letters Spark ‘High Level Of Uncertainity And Volatility,’ Says Economist Mohamed El-ErianImage Credit: Jack Gruber / USA TODAY NETWORK via Imagn Images$POLPOL (ex-MATIC)$0.20496.39%Stock Score Locked: Edge Members OnlyBenzinga Rankings give you vital metrics on any stock – anytime.Unlock RankingsEdge RankingsMomentumN/APrice TrendShortMediumLongOverview$USDCUSD Coin$0.9999-%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:NewsDonald TrumpFOMC MeetingInterest RatesJerome Powell