[Polymarket Market Bets on a 30% Probability of the Fed Cutting Rates Once by 25 Basis Points This Year] Foresight News reports that Polymarket's market bets indicate a 30% probability of the Federal Reserve cutting rates once by 25 basis points this year, a 23% probability of no rate cut, and a 23% probability of two rate cuts totaling 50 basis points. The current trading volume in this prediction market exceeds $10.25 million.