FOMC decision is about to be announced, OKX "Prophet Season 2" expects a 25 basis point rate hike with an 88% probability.

BlockBeats news, September 16 - According to official sources, the Federal Reserve's September FOMC interest rate decision is about to be announced. Data from OKX "Prophet Season 2" predictions shows that as of now, the expectation for a 25 basis point rate hike accounts for about 88%, maintaining interest rates unchanged is about 20%, and a 25 basis point rate cut is about 1%. The cumulative trading volume for related events has reached 19.46 million.

It is reported that "OKX Prophet Season 2" supports users to use free XP to predict real-world events such as macroeconomics, sports, esports, and F1, participate in the weekly PnL leaderboard and the season's total points leaderboard, and share a total prize pool of $600,000. Users can open the OKX App and go to "Planet" - "Outcomes" to participate in the event.