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Will the Fed change monetary policy due to Trump admin pressure by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Federal Reserve meeting minutes or public announcements detailing policy changes
Story
Trump Won't Seek Powell's Removal as Fed Chair, Acknowledges Legal Constraints
Dec 8, 2024, 02:52 PM
President-elect Donald Trump has stated that he has no plans to replace Federal Reserve Chair Jerome Powell before his term expires in May 2026. In an interview with NBC's "Meet the Press," Trump affirmed that he does not intend to ask Powell to step down, saying, "I don't see it." This addresses speculations about potential changes in the Fed's leadership during the upcoming administration. Powell has expressed that he is "not concerned" about the central bank losing its independence and is confident he cannot be legally replaced. He also stated he is confident about maintaining a good relationship with the president-elect's pick for Treasury secretary.
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No change in policies • 25%
Policies become more conservative • 25%
Policies become more liberal • 25%
Other policy change • 25%
More Hawkish • 25%
More Dovish • 25%
Remains Neutral • 25%
Unclear • 25%
Interest rate increase • 25%
Interest rate decrease • 25%
Quantitative easing • 25%
Other • 25%
Significant decrease • 25%
Moderate decrease • 25%
No change • 25%
Increase • 25%
Increase interest rates • 25%
Decrease interest rates • 25%
Maintain current rates • 25%
Implement unconventional policies • 25%
Interest rates increased significantly • 25%
Interest rates decreased significantly • 25%
Quantitative easing measures introduced • 25%
No significant policy changes • 25%
