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💥RUMOR:
🇺🇸 FED CHAIR JEROME POWELL EXPECTED TO ANNOUNCE HIS RESIGNATION LATER TODAY.
STILL UNCONFIRMED, BUT MASSIVE IF TRUE!
🚨 UNCONFIRMED — HANDLE WITH CAUTION 🚨
If this is true, it’s a seismic moment for markets and monetary policy. Powell’s resignation would immediately raise questions about Fed independence, rate direction, inflation strategy, and market stability.
That said: rumors move faster than facts. Until we see an official Fed statement or major confirmation, this stays in the “watch closely, don’t trade headlines” category.
If confirmed, expect extreme volatility and a scramble over who replaces him—and what that means for rates going forward.
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