Polymarket probability of "Warsh confirmed as Fed Chair by May 15" rises to 85%, surging 211% in a short period
Odaily Seer Prophet Channel monitoring shows that the probability of "Warsh confirmed as Fed Chair by May 15" on Polymarket has risen from 27% to 85%, surging 211% in a short period.
The reason is that the U.S. Department of Justice is expected to drop its criminal investigation into Fed Chair Jerome Powell. Previously, Senator and Banking Committee member Thom Tillis stated that if Trump does not withdraw the criminal investigation against current Fed Chair Powell, he would block Warsh's nomination from advancing to a full Senate vote.
Now, under the influence of the news that the DOJ will drop the investigation into Powell, the market anticipates a very high probability that Warsh will be confirmed by the Senate as Fed Chair before Powell's term ends (May 15).
Odaily Seer Prophet Channel continues to monitor prediction markets, seeing changes before they are priced in.
