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BTCC / BTCC Square / Global Cryptocurrency /
Polymarket Lowers Odds of Jerome Powell Being Removed as Fed Chair

Polymarket Lowers Odds of Jerome Powell Being Removed as Fed Chair

Author:
Global Cryptocurrency
Published:
2025-04-23 10:15:02
4
3
Prediction market Polymarket has reduced the odds of Jerome Powell being removed as Federal Reserve Chair to 14%, a 9-percentage-point drop in 24 hours. This shift follows U.S. President Donald Trump’s public statement confirming he has no intention of firing Powell despite prior tensions over interest rate policy. Trump added that he would prefer Powell to be more active in cutting rates but has no plans to replace him. This marks a reversal from rumors a week ago suggesting Trump’s administration was preparing to interview candidates to replace Powell.

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