The probability of a 25 basis point Fed rate cut in December has increased to 94% on Polymarket.

BlockBeats News, December 6th, Polymarket data shows that the probability of "Fed 25 Basis Point Rate Cut in December" has risen to 94%, with only a 6% probability of unchanged rates. Some users have even started betting on a "50 Basis Point Rate Cut" (currently 1% probability), and the trading volume for this prediction event has reached $260 million.