On Polymarket, the probability of "Fed Rate Cut in December" is as high as 93%, while the probability of "No Rate Cut in January" has risen to 68%.

BlockBeats News, December 8th, the Federal Reserve will announce its December interest rate decision this week. Currently, the probability of "Federal Reserve 25 Basis Point Rate Cut in December" on Polymarket is as high as 93%. The market has reached a high level of consensus on a rate cut this month.

Furthermore, the Federal Reserve will also announce its January interest rate decision on January 28th next year. As of the time of writing, the probability of "Federal Reserve No Rate Cut in January" has risen to 68%, while the rate cut probability is only 27%.