When will Jerome Powell depart as Fed Chair?May 30–June 5
ResolvedOutcome: No$19Kas of
Odds now
This market has resolved No. Final market pricing put YES at 0%, as of .
YES0¢
NO100¢
as of
What moved the odds?
3 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the final price as of .
Fed chair Jerome Powell says he will stay on as Govenor after term amid legal pressure. • During a press conference following the Fed's interest rate decision, Powell said ongoing scrutiny and political tension forced him to stay, despite his plans to step down.
FED CHAIR POWELL: NEW LEADERSHIP IS LIKELY TO BE IN PLACE BY JUNE, AND IT REMAINS UNCERTAIN WHETHER THE EASING BIAS WILL BE RETAINED IN THE STATEMENT AT THAT POINT.
Fed leaves rates unchanged at Jerome Powell's final meeting as chairman. • The U.S. Federal Reserve's next meeting in June is likely to be led by Kevin Warsh after he cleared a Senate Banking Committee vote on Wednesday.
Where does the news lean?
2YES5NO15neutraltrailing 24h
Average match confidence across the listed signals: 99%.
How did this market resolve?
This market will resolve according to the listed date range during which Jerome Powell vacates his role as Chair of the Federal Reserve Board of Governors.
Vacating his role refers to Powell actually ceasing to hold the position of Chair of the Federal Reserve Board of Governors. Announcements of Powell's resignation or firing will not alone qualify.
The scheduled end of Powell’s term as Chair will not alone qualify. If Powell continues to serve as Chair on a temporary basis (e.g. until the confirmation of his successor), he will not be considered to have vacated his role as Chair.
This market is restricted to Powell’s status as Chair of the Federal Reserve Board of Governors. Powell’s status as a regular member of the Federal Reserve Board of Governors will not affect this market’s resolution.
All dates refer to the Eastern Time zone (ET).
The primary resolution source for this market will be official information from Jerome Powell and the Federal Reserve; however, a consensus of credible reporting may also be used.
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