On Polymarket, the probability of Walsh being nominated as Federal Reserve Chair by Trump has risen to 38%
According to Jinse Finance, on the prediction market Polymarket, the probability of Walsh being nominated by Trump as Federal Reserve Chairman has risen from 7% to 38%, while the probability of Kevin Hasset, Director of the U.S. National Economic Council, being nominated has dropped from a high of 85% to 52%. On the prediction market Kalshi, Walsh's nomination probability has increased from 10% to 41%, and Hasset's nomination probability has decreased from a high of 81% to 51%.
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The probability of the Federal Reserve cutting interest rates by 25 basis points in January is 24.4%, and the probability of a cumulative 50 basis point cut by March is 8.1%.
