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Latest Warren Criticism Gives Slight Hit To Odds Of Term 2 For Chair Powell

FED

Current Fed Chair Jerome Powell's odds when it comes to the next Senate confirmation to Chair the Federal Reserve have taken a slight hit in the wake of the latest round of comments from U.S. Senator Elizabeth Warren, although he remains the favourite within the betting markets. A reminder that Powell's current term is set to conclude in February '22.

  • Warren was once again critical of Fed Chair Powell's stance on banking regulation. This provided a slight boost to the odds for Lael Brainard (currently a Governor at the Fed) and Raphael Bostic (currently President of the Atlanta Fed).
Fig. 1: Whom Will The Senate Next Confirm As Chair Of The Federal Reserve?

Source: PredictIt

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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