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With the Jackson Hole summit on the horizon, all eyes are on Jerome Powell this week.
Donald Trump has continuously threatened to fire Powell if he doesn't lower interest rates soon, but nothing has happened yet.
That said, anything can happen in a moment's notice in the Trump Administration, so let's see who the favorites are to replace Powell should he be axed before the end of 2025.
Odds are courtesy of BetOnline.ag.
Christopher Waller has emerged as a 7/5 (+140) favorite, and the next closes-candidate is Kevin Hassett at 4/1.
The longshots on the board include David Malpass and Judy Shelton. Michelle Bowman is the only other female on the board at 12/1.
Next Federal Reserve Chair
Christopher Waller 7/5
Kevin Hassett 4/1
Kevin Warsh 9/2
David Zervos 5/1
James Bullard 12/1
Michelle Bowman 12/1
Stephen Miran 18/1
Rick Rieder 25/1
Marc Sumerlin 33/1
Scott Bessent 33/1
David Malpass 50/1
Judy Shelton 50/1
