Polymarket Bettors Set 54% Odds on a Fed Rate Hike This Year After Warsh’s Debut

Federal Reserve Chair Kevin Warsh told central bankers in Sintra, Portugal, on July 1 that prices are too high and reaffirmed the Fed’s commitment to a 2% inflation target. At present, prediction markets Kalshi and Polymarket place the likelihood of a 2026 rate hike at 53% to 54%. Warsh spoke on a panel alongside European […]