CME FedWatch odds for a 25bp Fed hike at Wednesday's FOMC rise to ~92-94%, up from ~84% a day earlier

CME FedWatch data cited across multiple posts shows roughly 92-94% odds of a 25 basis point Fed rate hike at Wednesday's FOMC decision, up from about 84% a day earlier, with Polymarket pricing about 86% and Limitless about 80.5%. Commentators note the move would be the first hike since 2023, taking rates to 3.75%-4.00%, and is occurring despite political pressure on Chair Warsh; the decision is due at 2:00 PM ET with the dot plot and Warsh's press conference to follow.

Detected & updated continuously · Source: Nebula