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Prediction market: The probability of Trump firing Powell is only 19%. The likelihood of Powell stepping down this year is low.
According to relevant page information, the probability that Trump will attempt to fire Powell before the end of August on a certain prediction market is only 19%.
On the other hand, the probability of Powell stepping down as the Chairman of the Federal Reserve this year is only 21%.
Earlier news reported that Trump denied drafting a letter to fire Federal Reserve Chairman Powell.