🇺🇸 TRADERS NO LONGER FULLY PRICE IN A FED RATE HIKE THIS YEAR Prediction markets now see a 70% chance the Fed holds rates steady in September, versus 29% odds of a 25bp hike. A 25bp cut is priced at just 2%. Markets are increasingly betting the Fed can remain on hold as inflation cools. https://kalshi.com/markets/kxfeddecision/fed-meeting/kxfeddecision-26sep?utm_source=walterbloomberg(*Walter Bloomberg)