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Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact

The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief asset allocation strat...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact
The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief asset allocation strategist, Garry Evans, argues that even if rates are lowered, it won’t stop a recession in the United States. On the flip side, […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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