According to PolyBeats monitoring, in the prediction market Polymarket, a new account has bet $46.1k in the past twelve hours that the Federal Reserve will raise interest rates by 25bp in March, with an opening price of 1¢, a current price of 2¢, and the address currently holding 3.57 million shares of Yes, becoming the top1 holder of Yes in this market branch.
Market pricing indicates that the probability of maintaining the current interest rate range in March is much higher than the possibility of a rate hike or cut. St. Louis Fed President Alberto Musalem stated that the current monetary policy is at a "neutral level," indicating no need for further rate cuts or aggressive easing, and emphasizing that inflation remains above the target.
Address: 0x52c2143f69dd3dcd249f688623c64ab5f7900556
Opening Position: $46.1k
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