🚨 The Fed Drama Isn’t Over
Just as markets expected Jerome Powell to step back quietly, the narrative shifted.
The U.S. Department of Justice has dropped its criminal probe, but the internal review within the Federal Reserve is still ongoing.
Powell’s term as Chair ends May 15, yet he remains a Board governor until 2028. That means continued influence over policy and direction.
As Jon Hilsenrath noted, staying on the Board preserves leverage.
What this means for markets:
* Leadership transition remains uncertain
* Internal investigation continues
* Political pressure is building
This combination increases the likelihood of volatility.
Bottom line:
Powell may leave the spotlight, but he is still part of the decision-making core.
#Fed #Powell #Macro #markets #crypto
Follow 堵塞_Wave for more latest Updates.
