BlockBeats reports that on Polymarket, expectations for a 50-basis-point interest rate cut by the Federal Reserve in September have risen to 8%, while odds for a 25-basis-point cut have fallen to 79%. The probability of no cut is currently at 12%.

Meanwhile, CME’s FedWatch tool shows a 4.2% chance of a 50-basis-point cut and a 95.8% likelihood of a 25-basis-point reduction in September.