Traders Bet on Unanimous Fed Decision at Warsh's First Meeting

According to the Kalshi prediction platform, traders are largely betting that Wednesday will bring a unanimous decision from the Federal Open Market Committee. This would stand in stark contrast to April's meeting, where board members were divided in their views. The first meeting chaired by new Fed Chair Kevin Warsh is drawing particular market attention as investors want to understand whether he can unite the various factions within the Fed. A unanimous vote would be read as a sign of consolidation and policy predictability from the regulator. For markets, the stability of the Fed's stance matters just as much as the actual rate decision.