Fed Rate Cut Forecast Jumps to 80%: What It Means for Crypto

A significant shift has occurred in the prediction market for the Federal Reserve’s next move. Kalshi traders now predict an 80% chance of a December rate cut, signaling a dramatic change in market sentiment surrounding monetary policy. This increase in probability is largely attributed to recent data showing cooling inflation, signs of economic slowdown, and evolving labor market conditions, all factors that are influencing trader expectations.