Rick Rieder Fed Chair Odds Ease to 37¢ as Shortlist Speculation Shifts
· flowframe Pulse
The probability of a Rieder nomination pulled back as President Trump hinted in Iowa that a final decision is imminent, leading some to bet on candidates with closer administration ties like Kevin Hassett. Following today's FOMC meeting where Chair Powell defended central bank independence, traders are reassessing the likelihood of an 'outsider' candidate from Wall Street.
41¢ → 37¢ • Vol: $9.5M