The odds of the Federal Reserve implementing an emergency rate cut soared dramatically on the prediction platform Polymarket as stocks and cryptocurrencies tumbled over tariff concerns.
What Happened: Bets in favor of the contract titled “Fed emergency rate cut in 2025?” rose from 20% to 36% over the last 24 hours on the Polygon (CRYPTO: POL)-based platform. As of this writing, the odds had fallen to 28%, but they were still significantly higher than the 16% a week before.
Over $149 million has been wagered on the outcome. The market will resolve to “Yes” if the central bank holds an emergency …
