December rate hike odds climb 16% after CPI, Polymarket data shows

December rate hike odds climb 16% after CPI, Polymarket data shows
Polymarket sees December rate hike odds rise

Odds of a U.S. rate hike in December, as tracked by Polymarket, increased by 16% following today's Consumer Price Index (CPI) results.

John Walsh described the development as 'not great'.

Walsh has previously pointed to the Coinbase Bitcoin Premium Index as an important macro trend indicator, noting it remained net negative for the past year here. In another report, he discussed Mani Markets beta and maintained a positive outlook on accumulating $MANIFEST at current lows here. These earlier comments provide context for his reaction to the latest CPI-driven rate hike odds.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.