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(Seoul=Yonhap Infomax) Sung Jin Kim—Kevin Hassett, Chairman of the White House National Economic Council (NEC), has emerged as the leading candidate to become the next Chair of the US Federal Reserve (Fed), according to foreign media reports. Betting markets now place the probability of Hassett's appointment above 50%.
On the 25th (local time), data from Polymarket, a betting platform for various events, showed that in the wager "Who will Trump appoint as the next Fed Chair?", Hassett led with a 55% probability. This marks the first time Hassett's odds have exceeded the 50% threshold on Polymarket.
Christopher Waller, a current Fed Governor and a figure with significant market influence, ranked second with a 23% probability. Kevin Warsh, a former Fed Governor who has been considered a candidate since Trump's first term, followed in third place at 14%.
The three have been engaged in a three-way race for the Fed Chair position, but since early last month, Hassett has been gaining a clear advantage.
On another betting site, Kalshi, Hassett's probability of being appointed as the next Fed Chair also surpassed 50%. Waller and Warsh trailed in the mid-to-high teens, ranking second and third, respectively.
sjkim@yna.co.kr
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