A leading trader on decentralized betting platform Polymarket, who goes by the name JustWakingUp, is wagering that the Federal Reserve (Fed) will cut interest rates by 50 basis points (bps)…
In brief
Treasury Secretary Scott Bessent urged the Fed to consider a 50bps cut in September after weak job revisions and soft inflation data.
July inflation came in at 2.7% year-over-year, slightly…