Prediction markets are heavily signaling a 25-basis-point interest rate cut in December, with probabilities hovering above 80% on both Kalshi and Polymarket.  Traders on both platforms see only a slim chance of the Federal Reserve holding rates steady and virtually no expectation of a larger move. On Polymarket, the trading volume, or the total dollar amount wagered on this market, is a little over $171 million. AS THE HOLIDAYS APPROACH, THANKSGIVING BECOMES TRUMP'S ECONOMIC TEST Meanwhile, on Kalshi, more ...