According to PolyBeats monitoring, on the prediction market Polymarket, regarding the market "Will the Fed cut interest rates by 25 basis points in the March meeting," two anomalous accounts bet "Yes" at a 6% probability: heresjimmy total profit $53,000, median opening stake $116, bet $11,000 on this market; Magamyman total profit $140,000, 66% win rate in politics category, median opening stake $3,400, bet $7,200 on this market.
Due to the unexpectedly strong January non-farm payroll data and the maintained low unemployment rate, market expectations of a rate cut further decreased, causing the probability to drop from 18% to 8% on the 11th. Subsequently, Fed officials reiterated "patience" and "data-dependent" in multiple public speeches, reinforcing the hawkish guidance of keeping rates in the 3.50%-3.75% restrictive range.
However, yesterday's newly released January CPI data showed a cooler-than-expected inflation, with the year-on-year growth rate falling to 2.4%, a performance that typically opens the door to "precautionary rate cuts."
Accounts:
0x48afe8fbde091ff3e616901dc92ef20862c289cc;
0x4dfd481c16d9995b809780fd8a9808e8689f6e4a.
