A triangular game about power, money, and rumors of Powell's resignation
The rumor that "Powell is going to resign" is actually a deeper game. On the surface, it concerns personal positions, but in reality, it reflects a triangular relationship between power, money, and market sentiment.
Trump represents political power, clearly stating, "It's time to cut interest rates"; Powell represents institutional steadfastness, claiming he won't resign and is not influenced by politics; meanwhile, the market plays the most sensitive role in this confrontation—it doesn't trust what is said, only what is acted upon.
And Powell's layoffs and internal reforms at this time, don't they indicate what he is preparing? Not stepping down, but reorganizing the team, this is the rhythm of clearing the battlefield before war.
Don't underestimate this "rumor"; it's not just news, but a warning: in the next three months, monetary policy may face a drastic turning point. Smart money is already lurking.