🚨 RUMOR WATCH: POWELL RESIGNATION — UNCONFIRMED 🚨
There’s growing speculation that Fed Chair Jerome Powell may step down today.
As of now, nothing is confirmed.
If true, this would be a major shock to markets.
A resignation would immediately raise questions about:
Federal Reserve independence
The future path of interest rates
Inflation strategy and policy continuity
Overall market stability
Markets thrive on predictability.
An unexpected leadership change at the Fed would inject uncertainty at a sensitive moment.
That said, rumors move faster than facts.
Until there’s an official Fed statement or confirmation from a major, reliable news outlet, this stays firmly in the “watch, don’t react” category.
If confirmation does arrive, expect:
Sharp volatility across rates, FX, equities, and crypto
Intense speculation over Powell’s replacement
Rapid repricing of rate expectations
For now: stay calm, verify sources, and don’t trade headlines.
