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Jerome Powell To Step Down? X Abuzz With Rumors, But Polymarket Bettors Are Not Buying It

Summary by Benzinga
Bettors on Polymarket were not convinced about Jerome Powell’s exit as rumors circulated that the Federal Reserve Chair would step down on Monday. What Happened: The odds for the betting contract titled "Will Trump remove Jerome Powell in 2025?" remained unchanged at 12%, despite strong speculation on X regarding his resignation. According to the rules, the market will resolve to "Yes" if Powell ceases to be Fed Chair before Dec. 31. Over $838,0…

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Benzinga broke the news in New York, United States on Sunday, June 1, 2025.
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