Investors Betting on Powell May Be In for a Shock, Survey Shows

Chairman of the US Federal Reserve Jerome Powell

Photographer: Al Drago/Bloomberg

A majority of respondents to the latest Markets Pulse survey expect Federal Reserve Chair Jerome Powell to stay at the helm until his term expires.

Powell won’t depart the Fed before 2026, with his term set to end in May, according to most of the 146 participants in a poll conducted July 17-18. This suggests few investors believe President Donald Trump — who has lobbed criticism over interest rates almost daily in recent weeks — will follow through with his threats to oust the central bank chief.