Rick Rieder's Probability of Becoming Next Fed Chair Rises to 58%, Emerging as Top Candidate

BlockBeats News, January 24th, the probability of BlackRock's Global Chief Investment Officer Rick Rieder becoming the next Chair of the Federal Reserve on Polymarket has risen to 58%, becoming the top favorite. In addition, the probability of Powell being elected has dropped to 28%, while the probabilities of Warsh and Hassett being elected are both 6%.

Previously reported, U.S. President Trump stated that he has completed interviews for the next Federal Reserve Chair candidate and hinted that the final candidate is a "highly respected, extremely well-known" heavyweight figure. Furthermore, Trump praised BlackRock executive Rieder as "impressive."