Market speculation and Polymarket odds suggest a low probability of Powell stepping down despite reports of an emergency Federal Reserve meeting.
On December 1, rumors circulated that Federal Reserve Chair Jerome Powell might resign during a Dec. 2 emergency meeting. Polymarket data indicated only a 3% probability of Powell leaving office this year. The claims remain unverified by official sources and mainstream media. This follows Powell’s scheduled speech on December 3, and recent remarks by former President Donald Trump hinting at appointing a successor.