[Probability of Fed Holding Rates Steady in January Rises to 99% on Polymarket] Odaily Planet Daily reports that information from the Polymarket website indicates that the prediction market for the Federal Reserve's January rate decision shows traders now estimate a roughly 99% probability of the Fed maintaining rates unchanged. In contrast, the probabilities for a 25 basis point rate cut, a 50 basis point rate cut, and a rate hike of more than 25 basis points are all below 1%. The cumulative trading volume for related contracts has exceeded $560 million. Previously, 'Fed Whisperer' Nick Timiraos (https://www.odaily.news/zh-CN/newsflash/466084) reported that Fed officials this week are expected to hold rates steady for the first time since three consecutive rate cuts starting last September, and the path to resuming rate cuts remains unclear.