Polymarket Odds Shift Toward Fed Rate Hold for October Meeting

As of September 30, Polymarket data shows a 58.5% probability that the Federal Reserve will hold rates steady at the October 27-28 FOMC meeting, reversing previous expectations of a hike. The shift follows comments from Fed official John Williams regarding a lack of urgency. Bitcoin is currently trading at $83,200, with market participants weighing persistent inflation concerns against resilient labor conditions.