Kalshi Traders Predict Warsh to Mention 'Shock' and 'Oil' at Next Press Conference

Kalshi traders are predicting what Federal Reserve Chairman Kevin Warsh will say at his next press conference. An event contract on the prediction market platform shows over 50% odds that Warsh will mention 'shock', along with a 74% chance he'll say 'oil'.

The event contract, which will be resolved based on what Warsh says at the press conference set for Wednesday at 2:30 p.m. ET, has Kalshi traders speculating about the Fed chief's words.

Last month's Federal Open Market Committee meeting resulted in a shorter statement from the Federal Reserve, with Chairman Warsh not providing a forecast on interest rate outlook.