The post Fed Rate Cut Prediction: Whale Bets $15K on 50bps Move appeared first on Coinpedia Fintech News
The Federal Reserve’s next decision has the markets buzzing, but one Polymarket trader is taking things to another level. Known online as JustWakingUp, the whale has placed a $15,000 bet that the Fed will cut interest rates by 50 basis points next week. It’s a wager that could turn into a staggering $226,000 payout if correct, far larger than Wall Street’s mainstream call for a smaller move.
Markets Lean Toward a Smaller Cut
Most investors aren’t buying into the jumbo cut scenario. According to the CME FedWatch Tool, there’s a 91% chance the Fed sticks to a more modest 25 basis point cut. Still, cracks in the U.S. economy have given the bold prediction more attention than usual. August’s jobs report came in weaker than expected, and the Bureau of Labor Statistics recently admitted the economy added 911,000 fewer jobs than first reported in the year through M
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