Federal Reserve Chair Jerome Powell participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC.

Kevin Dietsch | Getty Images

Federal Reserve Chairman Jerome Powell said Wednesday he would stay on as governor after his term as chief ends, an event Kalshi bettors called.

Bettors had placed a 30% chance Powell would resigns as a member of the Fed Board of Governors by June.

"I've said that I will not leave the board until this investigation is well and truly over with transparency and finality, and I stand by that. I'm encouraged by recent developments, and I'm watching the remaining steps in this process carefully," Powell said near the beginning of his post-meeting news conference on Wednesday.

He had also said in March he would not step down until the criminal inquiry into him by the Department of Justice was resolved.…