On Polymarket, two accounts invested $23,800 betting that Kevin Warsh has no hope of being confirmed by the Federal Reserve, with the current probability at 94%. If not confirmed by the Senate, the bet will be settled otherwise. Powell faces investigation but is determined not to resign, and key senators have indicated they will reject new nominees.

Gate News report: On March 17, "Fed spokesperson" Nick Timiraos stated that the Federal Reserve may be more inclined to remain silent this week, but market expectations are forcing the Fed to outline its policy path. Two former Federal Reserve chairs told him they hope to avoid making predictions about rate cuts in the near term. Whether current Federal Reserve officials will adopt the same attitude has become the core focus of this meeting. Hawks and doves may stick to their respective policy stances by pointing to the same economic shock.