Polymarket has introduced a prediction market focused on the potential departure of Jerome Powell as Chair of the Federal Reserve. The market assigns a 20% probability to Powell stepping down between June 6 and June 12, with an 18% chance for the period from May 30 to June 5. The market's rules specify that Powell must have actually ceased serving as Chair for the event to be considered settled. Announcements of resignation or removal, or the scheduled end of his term, do not qualify unless he has officially left the position. The market will only consider Powell's status as Chair, not as a regular board member, and all dates are based on Eastern Time.
Polymarket Opens Prediction Market on Powell's Potential Exit as Fed Chair
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