Powell's probability of stepping down as a member of the Federal Reserve Board before May 30th drops to 9%
Seer Prophet Channel monitoring, Polymarket data shows that the probability of Powell stepping down from the Federal Reserve before May 30th has dropped to 9%, a decrease of 25% in 24 hours; The probability of Powell stepping down from the Federal Reserve before December 31 has dropped to 66%, a decrease of 11% in 24 hours. Powell stated that he will continue to serve as a member of the Federal Reserve Board "for a period of time" after stepping down as chairman, and US Treasury Secretary Besson commented that his decision goes against tradition.