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Jerome Powell Faces Criminal Allegations: Will He Resign or Will the Fed Slash Rates Today?
Jerome Powell Faces Criminal Allegations: Will He Resign or Will the Fed Slash Rates Today?
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Fed Chair Jerome Powell is under fire—criminal allegations are swirling as markets hold their breath. Will he step down, or will the Fed pull a classic 'distract-and-cut' move with an emergency rate slash?
Rumors hit terminal velocity this morning after unnamed sources suggested Powell's legal team is 'exploring options.' Meanwhile, traders are pricing in a 40% chance of a surprise 50bps cut—because nothing says 'institutional credibility' like panic-pivoting during a scandal.
The real question: Is this the Fed's 'hold my beer' moment to out-crypto crypto itself? Volatility traders are already long popcorn.
Jerome Powell criminal allegationUnited States representative Anna Paulina Luna, a Republican from Florida has filed a criminal referral to the Department of Justice against Federal Reserve c... Read More
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