Will Philip Jefferson be Chair of the Federal Open Market Committee (including in acting capacity) on Jun 17, 2026?
Prediction markets currently give a 5% probability that Will Philip Jefferson be Chair of the Federal Open Market Committee (including in acting capacity) on Jun 17, 2026?. This contract trades at 5¢ on Kalshi, closing June 17, 2026. This market shows extreme illiquidity with zero 24-hour volume despite $5,717 open interest, and the 5¢ price reflects a highly unlikely scenario—Jefferson would need to become Fed Chair within 62 days, currently holding the Vice Chair position.
Analysis
This market shows extreme illiquidity with zero 24-hour volume despite $5,717 open interest, and the 5¢ price reflects a highly unlikely scenario—Jefferson would need to become Fed Chair within 62 days, currently holding the Vice Chair position. The astronomical 11,254.8% implied yield on the Yes side signals either a pricing error or minimal market depth, while the sharp 4¢ price movement over seven days suggests recent speculative positioning rather than fundamental shifts in Fed leadership expectations.
Resolution rules
If Philip Jefferson officially holds the position of Chair of the Federal Open Market Committee (including in acting capacity) on Jun 17, 2026, then the market resolves to Yes.
Regime
Trade
sf trade KXFEDLEADJUNE-26JUN17-PJEF yes 100