Is Powell's resignation fake news? There's a 'scheme' behind it by the big shots!
Recently, there have been rumors in the cryptocurrency and financial circles that Powell will resign in early June! Some say it's a leak from within the Federal Reserve, while others say Trump is applying pressure. What happened? Powell directly came out to refute the rumors, stating that he intends to serve his full term!
Upon closer examination, this seems more like a 'market test.' Powell has been making significant moves at the Federal Reserve lately, cutting 10% of staff and streamlining the structure, clearly indicating a desire for reform. But what everyone is most concerned about is: Will monetary policy change?
On the other hand, Trump has also been active, publicly calling for 'interest rate cuts now,' making his intentions clear. Political pressure + resignation rumors have directly become important signals for observing the Federal Reserve's next moves!
Experienced players are focusing on one key point: If Powell does not resign but actually listens to advice and starts 'injecting liquidity,' does that mean the market is about to turn?
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