Kevin Warsh’s hawkish signals on inflation, especially his late-August Jackson Hole speech stressing that the Fed has “work to do” if underlying price pressures fail to slow clearly toward the 2% target, have anchored trader expectations for policy rates remaining above 2.5%. With PCE inflation near 3.7% and financial conditions not viewed as sufficiently restrictive, markets price in limited scope for deep cuts during his tenure. The wisdom of crowds reflected in these odds highlights Warsh’s emphasis on using the federal funds rate to restore price stability despite political pressures for easing. A sharp, sustained drop in inflation readings or an unexpected economic downturn forcing aggressive cuts could still shift probabilities, though such outcomes currently appear remote to bettors.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedPredicted Fed rate under each Fed Chair
$160,539 Vol.
$160,539 Vol.
Kevin Warsh & Rate > 2.5%
95%
Kevin Warsh & Rate ≤ 2.5%
2%
$160,539 Vol.
$160,539 Vol.
Kevin Warsh & Rate > 2.5%
95%
Kevin Warsh & Rate ≤ 2.5%
2%
This market will resolve to “Other” if an outcome not listed occurs within the specified timeframe.
This market may resolve as soon as the respective conditions are met.
The rules and resolution criteria are as follows:
1. Who be confirmed as the next Fed Chair?
This market will resolve according to the next individual confirmed by the U.S. Senate to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET.
Confirmation is defined as approval by the U.S. Senate, whether by a majority vote or by unanimous consent.
Recess appointments without Senate confirmation will not count toward a "Yes" resolution.
Acting or interim appointments will not count unless the individual is confirmed by the U.S. Senate to be Chair of the Federal Reserve.
The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm); however, a consensus of credible reporting may also be used.
2. Will the Fed’s lower bound reach 2.5% or lower in 2026?
The FED interest rates are defined in this market by the lower bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.
This market will resolve according to whether the lower bound of the target federal funds rate reaches 2.5% at any point by December 31, 2026, 12:59 PM ET.
Emergency rate cuts and hikes outside the regularly scheduled meetings will be considered.
The resolution source for this market is the official website of the Federal Reserve at:
https://www.federalreserve.gov/monetarypolicy/openmarket.htm.
Note: If the lower bound of the target federal funds rate reaches 2.5% before a new Fed Chair is nominated, it will qualify.
Market Opened: Jan 20, 2026, 8:27 AM ET
Resolver
0x2F5e3684c...This market will resolve to “Other” if an outcome not listed occurs within the specified timeframe.
This market may resolve as soon as the respective conditions are met.
The rules and resolution criteria are as follows:
1. Who be confirmed as the next Fed Chair?
This market will resolve according to the next individual confirmed by the U.S. Senate to be Chair of the Federal Reserve by December 31, 2026, 11:59 PM ET.
Confirmation is defined as approval by the U.S. Senate, whether by a majority vote or by unanimous consent.
Recess appointments without Senate confirmation will not count toward a "Yes" resolution.
Acting or interim appointments will not count unless the individual is confirmed by the U.S. Senate to be Chair of the Federal Reserve.
The primary resolution source for this market will be official information from the U.S. Senate (see: https://www.senate.gov/legislative/nominations_new.htm); however, a consensus of credible reporting may also be used.
2. Will the Fed’s lower bound reach 2.5% or lower in 2026?
The FED interest rates are defined in this market by the lower bound of the target federal funds range. The decisions on the target federal fund range are made by the Federal Open Market Committee (FOMC) meetings.
This market will resolve according to whether the lower bound of the target federal funds rate reaches 2.5% at any point by December 31, 2026, 12:59 PM ET.
Emergency rate cuts and hikes outside the regularly scheduled meetings will be considered.
The resolution source for this market is the official website of the Federal Reserve at:
https://www.federalreserve.gov/monetarypolicy/openmarket.htm.
Note: If the lower bound of the target federal funds rate reaches 2.5% before a new Fed Chair is nominated, it will qualify.
Resolver
0x2F5e3684c...Kevin Warsh’s hawkish signals on inflation, especially his late-August Jackson Hole speech stressing that the Fed has “work to do” if underlying price pressures fail to slow clearly toward the 2% target, have anchored trader expectations for policy rates remaining above 2.5%. With PCE inflation near 3.7% and financial conditions not viewed as sufficiently restrictive, markets price in limited scope for deep cuts during his tenure. The wisdom of crowds reflected in these odds highlights Warsh’s emphasis on using the federal funds rate to restore price stability despite political pressures for easing. A sharp, sustained drop in inflation readings or an unexpected economic downturn forcing aggressive cuts could still shift probabilities, though such outcomes currently appear remote to bettors.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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