Powell Departure Rumors Draw Market Attention, No Official Confirmation Signal

AirdropHunterKing · 2026-03-23T08:45:53+00:00

Recent rumors circulating about Federal Reserve Chair Powell potentially resigning have drawn market attention, though officials have neither confirmed nor denied the matter. Trump stated he has no intention of firing Powell, which has alleviated some concerns. The crypto market has responded calmly to this, believing the probability of Powell's departure is low, with no significant volatility observed yet. Markets are still awaiting more signals for confirmation.

AirdropHunterKing

2026-03-23 08:45:53

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Recent rumors circulating online suggest that Federal Reserve Chair Jerome Powell may resign, sparking widespread market discussion. According to Coincu, although speculation is rampant on social media, neither the Federal Reserve nor the government has provided any confirmed information to date. Some even speculate about potential successors, further fueling market curiosity.

Social Media Sparks Rumors, Official Stance Ambiguous

The rumors about Powell’s resignation are widely spread across online platforms. Reports mention the possibility of an emergency meeting, but neither the Federal Reserve nor the Trump administration has officially confirmed these claims. The Federal Reserve remains silent, neither denying nor confirming, which adds to market uncertainty. Powell is expected to deliver a speech soon, and the market is generally looking for some signals in his remarks.

Government Officials Clarify Stance, Easing Some Concerns

Trump has explicitly stated that he has no plans to dismiss Powell before the end of his term, which somewhat alleviates certain concerns. White House spokesperson Kevin Hassett dismissed these rumors as mere market speculation, emphasizing that they are not taken seriously. From an official standpoint, these rumors currently do not pose a substantial threat.

Traders Remain Cautious, No On-Chain Movements Observed

Despite the circulating rumors, the crypto market’s reaction has been relatively calm. Data from prediction markets like Polymarket show that the probability of Powell’s departure is only around 12%, indicating traders do not find the rumors highly credible. Interestingly, no significant on-chain volatility or unusual cryptocurrency price movements have been observed, further reflecting market skepticism. Investors are still watching and waiting for more concrete confirmation signals.

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