FOMC interest rates expected to hold steady at next week’s meeting

Market pricing tools indicate a 99.3% probability that the US Federal Reserve will keep interest rates unchanged at its next Federal Open Market Committee meeting. Both Polymarket and CME Group’s FedWatch tool show near-unanimous market expectations for a hold decision. Unchanged rates would maintain current monetary policy conditions and could provide relief to risk assets including cryptocurrencies if markets had been pricing in a rate cut.