Is Fed Chair Jerome Powell Resigning Tomorrow? 

The post Is Fed Chair Jerome Powell Resigning Tomorrow?  appeared first on Coinpedia Fintech News

Rumors are doing rounds on the internet that Fed Chair Jerome Powell is set to resign today (June 1, 2025), and rate cuts are on the way. However, many X Users have dismissed these claims as baseless, as there is no official evidence to back them. 

Some experts believe that the crypto market will see a parabolic run if the Fed Chair resigns, but any such event is unlikely as of now. However,  if it were to happen, the financial markets would see a massive crash. This is because a sudden loss of leadership at the Federal Reserve would damage confidence in both the U.S. dollar and the broader economy.

Powel to resign tomorrow