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Market expectations for the Federal Reserve cutting interest rates before 2027 have significantly cooled down
ME News Report, April 30 (UTC+8), Kalshi’s prediction market pricing indicates that the market currently assigns only about a 50% chance of the Federal Reserve cutting interest rates before 2027, a significant decline from the 80%-90% probability earlier this year. As the Federal Open Market Committee (FOMC) holds a meeting, the market is actually pricing in a “higher interest rate environment maintained for a longer period,” indicating a lack of confidence in recent monetary policy easing. (Source: ChainCatcher)