Yellen's probability of becoming the next Fed Chair drops to 44%, Powell's election probability rises to 33%

BlockBeats News, December 31st, the probability of betting on Michael Hasset, Chair of the Council of Economic Advisers, to become the next Chair of the Federal Reserve on Polymarket has dropped to 44%. Furthermore, the probability of Yellen being elected has risen to 33%, and the probability of Powell being elected is 11%.

Earlier reports indicated that U.S. President Trump stated that he is expected to announce his nomination for Federal Reserve Chair in January.