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Woofun AI data shows that Polymarket pricing for a 25 basis point Federal Reserve rate increase in July has declined to 18.1%, whereas the likelihood of maintaining current rates has climbed to 81%. Total trading volume for this specific event has accumulated $21.74 million.
Market participants anticipate the Federal Open Market Committee will keep rates unchanged during its July 28-29 session. Despite May CPI rising 4.2% year-over-year and Middle East tensions driving energy prices higher, traders favor waiting for additional economic signals following the June decision to hold the federal funds rate at 3.50%-3.75%. Upcoming data releases on July 14, including June CPI and employment figures, are viewed as critical determinants for the upcoming policy meeting.