Economy Politics Country 2025-12-03T07:09:39+00:00

Kevin Hassett becomes the favorite for the position of head of the U.S. Federal Reserve

The dollar reacted little, but the market took note. Kevin Hassett, director of the National Economic Council, has become the favorite to be the next president of the U.S. Federal Reserve. According to Polymarket, his probability of being appointed is 56%.


Kevin Hassett becomes the favorite for the position of head of the U.S. Federal Reserve

The dollar reacted little… but the market took note. In our interactions with him, Hassett has always shown a calm and analytical temperament, a style uncommon in times of political noise. VoxBox Tip: Predictions don't guarantee the future… but they do reveal what the market fears (or desires) in real time. Each edition gives you a window into what is being said (or shouted) and heard in the markets… without jargon. No robots, no novices: here we are people with real experience in financial markets. *VoxBox930: it is a newsletter that simplifies financial markets, investing, and the global economy. It is aimed at curious minds eager to learn, so they can forge their own path to knowledge and wealth creation. Promised: we won't fill your spam folder — just one email a week in the morning with useful information. For more content like this, subscribe here: https://www.voxbox930.com/subscribe?utm_source=snip&utm_medium=email&utm_campaign=snip. Kevin Hassett —director of the National Economic Council and a close ally of the president— became this week the favorite to be the next president of the U.S. Federal Reserve. According to Polymarket, the prediction platform that moves millions in financial bets, the contracts place him with a 56% probability, well above Governor Christopher Waller, with 23%. The jump occurred after the Bloomberg report that describes him as the 'frontrunner.' Analysts believe that his appointment would imply a Fed more inclined to aggressive rate cuts.