More united Fed board seen at Warsh's first meeting, according to Kalshi traders
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- Prediction market traders think consensus will return to the Federal Reserve's policy-setting board when new chairman Kevin Warsh presides over its June interest rate decision later Wednesday.
- Traders on prediction market platform Kalshi place 70% odds on zero dissents in the June vote on the 12-member Federal Open Market Committee.
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Prediction market traders think consensus will return to the Federal Reserve's policy-setting board when new chairman Kevin Warsh presides over its June interest rate decision later Wednesday. At April's meeting, the last under former Fed chair Jerome Powell, four members voted to dissent from policy, the most in more than 30 years.
Traders on prediction market platform Kalshi place 70% odds on zero dissents in the June vote on the 12-member Federal Open Market Committee. Odds that four members will dissents, as in April, are at just 3%.