Prediction markets on Polymarket now indicate a probability surpassing 85% for a 25 basis point interest rate cut by the Federal Reserve in December. This reflects a tightening consensus, rising from an earlier probability of 83%. Conversely, the odds of the Fed keeping rates unchanged have dropped significantly, hovering around 15-16%. Market observers note that this shift in sentiment aligns with broader economic indicators, though prediction markets often react faster than traditional consensus forecasts. Key figures such as Governor Cook are identified as potential swing votes for the upcoming decision, while crypto traders closely monitor these odds as expectations for monetary easing continue to support risk-on sentiment. [Update 1] New data indicates that confidence has strengthened further, with the odds of a 25bps cut now exceeding 85%, up from the previously reported 83%.