Recession Odds Reach All-Time High After Negative Q1 GDP Numbers, But Crypto Bettors Don't See Emergency Rate Cut Anytime Soon
benzinga.com/economics/macro-economic-events/25/05/45125164/recession-odds-reach-all-time-high-after-negative-q1-gdp-numbers-but-crypto-betto
The odds that the U.S. slips into recession in 2025 sailed to a record high Wednesday on Polymarket after first-quarter GDP showed a contraction.
What happened: Odds jumped to 72% in the early hours on the Polygon (CRYPTO: POL)-based betting platform before dipping to 62% late in the…
This story appeared on benzinga.com, 2025-05-01 04:19:06.