Federal Reserve Chairman Jerome Powell is likely to stay on for a short time after his term as head of the central bank is over, bettors on prediction markets platform Kalshi estimate. Bettors place a 30% chance Powell resigns as a member of the Fed Board of Governors by June. However, bettors are more confident that he does that by August or the end of the year, with 66% and 81% odds, respectively. Powell said after the March Federal Open Market Committee meeting he would not step down as a governor until the criminal inquiry into him by the Department of Justice was resolved. On Friday, the justice department ... (full story)