Traders Bet on Hassett for Fed Chair: Market Shifts Align with Trump’s Preferences

Prediction markets strongly indicate Kevin Hassett as the frontrunner to become the next Federal Reserve chair, with traders aligning their expectations with President Trump’s anticipated influence. This positioning underscores the upcoming Fed meeting’s significance as a pivotal point for monetary strategy. While Hassett leads in Polymarket polling, his chances are also bolstered by connections to Trump and the White House’s desire for faster interest-rate cuts.