Loading...
Market
What will be the next major economic policy decision influenced by the Federal Reserve by June 30, 2025?
2
Joe Biden•Federal Reserve•Jerome Powell•Biden•White House Economic•Jared Bernstein•Powell•Oval Office
Resolution / Starting Odds
Interest rate hike • 25%
Interest rate cut • 25%
Quantitative easing • 25%
No significant policy change • 25%
Federal Reserve announcements, verified news reports
Story
Biden Claims No Contact with Fed Chair Powell Since Presidency on September 19, 2024
Sep 19, 2024, 06:08 PM
On September 19, 2024, President Joe Biden stated that he has not spoken to Federal Reserve Chair Jerome Powell since taking office. Biden emphasized the importance of the Federal Reserve's independence, asserting that it would cause enormous damage to the economy if the Federal Reserve lost its independence. White House Economic Adviser Jared Bernstein later clarified that Biden meant he has not spoken to Powell about interest rates. Despite Biden's claims, there are reports and footage indicating that Biden has had meetings with Powell, including in the Oval Office.
View original story
Similar markets
Rate Cut • 25%
Rate Hold • 25%
Rate Hike • 25%
Other • 25%
Rate cut • 33%
Rate hike • 33%
No change • 34%
Interest rate increase • 25%
Interest rate decrease • 25%
Quantitative easing • 25%
Other • 25%
Rate increase • 25%
Rate decrease • 25%
No change • 25%
Other actions • 25%
Interest rate cut • 25%
Interest rate hike • 25%
No change • 25%
Other • 25%
Interest rates increased significantly • 25%
Interest rates decreased significantly • 25%
Quantitative easing measures introduced • 25%
No significant policy changes • 25%
Rate cut • 25%
Rate increase • 25%
No change • 25%
Other • 25%
Tax Cuts • 25%
Infrastructure Bill • 25%
Trade Tariffs • 25%
Regulatory Changes • 25%
Increase • 25%
Decrease • 25%
No Change • 25%
Other • 25%
Raise rates • 25%
Hold rates steady • 25%
Cut rates • 25%
Other • 25%