Polymarket’s leading trader bets on a 0.50% Fed rate cut next week

JustWakingUp, the top trader on Polymarket, has a remarkable trading volume nearing 400 million USD and over 2 million USD in profits. He is currently betting 15,000 USD on a potential rate cut.

While the overall market anticipates a 0.25% cut, the probability for a 0.50% cut has risen to nearly 10% following disappointing job reports. This shift reflects increased expectations for aggressive policy easing.

A recent jobs report showed the U.S. Economy had 911,000 fewer jobs than previously estimated, influencing the market. Upcoming Producer Price Index and Consumer Price Index data releases could further impact rate cut expectations.