The odds that Federal Reserve Governor Christopher Waller will be named the next chairman crossed above 50% for the first time on prediction market Kalshi.

Waller's probability spiked from just about 16% on Wednesday after Bloomberg News reported, citing people familiar with the matter, that President Donald Trump's advisors like his openness to adjust monetary policy based on forecasting, rather than current data. It also reported that Waller has met with Trump's team about the Fed chief role but hasn't met with the president himself.

Waller's chance on Kalshi has exceeded previous front-runners former Fed official Kevin Warsh and current National Economic Council Director Kevin Hassett, whose odds stand at 20% and 35%, respectively. Zoom In Icon Arrows pointing outwards

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