The probability of a 25 basis point rate cut by the Federal Reserve this year is 30% on Polymarket.

Foresight News reports that on Polymarket, the probability of the Federal Reserve cutting interest rates once by 25 basis points this year is 30%, the probability of no rate cut is 23%, and the probability of two rate cuts totaling 50 basis points is 23%. Currently, the total trading volume in this prediction market exceeds $10.25 million.