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Polymarket announces new "When will Powell step down as Federal Reserve Chair," with a probability temporarily set at 20% from June 6 to 12.
ME News Report, April 18th (UTC+8), according to Odaily Seer’s monitoring, a new prediction market on Polymarket titled “When Will Powell Resign as Federal Reserve Chair” currently shows the highest probability for the date range June 6 to June 12 at 20%; the next highest is May 30 to June 5 at 18%.
The event contract rules are: the market will settle based on the specified date range when Powell resigns from his position as Federal Reserve Chair.
“Resignation” refers to Powell actually no longer holding the position of Federal Reserve Chair.
Announcements of Powell’s resignation or dismissal do not alone meet the criteria.
The scheduled end of Powell’s term does not alone meet the criteria.
If Powell continues to serve as acting Chair (e.g., until a successor is confirmed), he will not be considered to have relinquished the Chair.
This market is limited to Powell’s tenure as Federal Reserve Chair.
Powell’s status as a regular member of the Federal Reserve Board does not affect the settlement of this market.
All dates are based on Eastern Time in the United States.
Odaily Seer’s prediction market continues to monitor and observe changes before pricing.
(Source: ODAILY)