š„RUMOR:
šŗšøĀ FED CHAIR JEROME POWELL EXPECTED TO ANNOUNCE HIS RESIGNATION LATER TODAY.
STILL UNCONFIRMED, BUT MASSIVE IF TRUE!
šØ UNCONFIRMED ā HANDLE WITH CAUTION šØ
If this is true, itās a seismic moment for markets and monetary policy. Powellās 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 āwatch closely, donāt trade headlinesā category.
If confirmed, expect extreme volatility and a scramble over who replaces himāand what that means for rates going forward.

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