Over at Kalshi, where you could move this market with a couple thousand bucks, the odds of Powell resigning have risen to about 19% from 14% on this bizarre letter from William Pulte at the FHFA.
In it, he cites ‘reports’ about Powell considering resigning but neither me nor anyone else can seem to find any of those ‘reports’ and certainly not in anything remotely reputable.
It’s like Pulte is trying to somehow manifest this.
This article was written by Adam Button at www.forexlive.com.