Probability of Powell Being Removed as Fed Chair This Year Drops to 13% on Polymarket

April 23 news, according to official data, the probability of Powell being removed as Fed Chair in 2025 on Polymarket has dropped to 13%. Earlier reports indicated that U.S. President Trump stated during the swearing-in ceremony of SEC Chairman Atkins on Tuesday local time that he has no intention of dismissing Fed Chair Powell, despite his disappointment with the Fed for not cutting interest rates faster and calling for rate cuts.