Polymarket predicts a 20% probability of Powell stepping down in 2025
According to online reports, after the media broke out that Trump had asked Republican lawmakers whether Federal Reserve Chairman Powell should be dismissed, it was predicted that the probability of Powell being dismissed in the market soared to about 40%, while the yield on the US 2-year Treasury bond fell rapidly; However, as Trump subsequently clarified that he "did not intend to fire Powell," the forecast probability quickly fell back to around 20%, and the yield partially rebounded.
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