๐จ RUMOR CHECK: โFed President John Williams Huge Announcement at 9:20 AMโ
๐ Here are the verified facts:
๐บ๐ธ Yes โ John C. Williams, President of the New York Federal Reserve, is scheduled to speak at 9:20 AM (ET) today.
๐ฃ๏ธ However โ there is no official confirmation from the Fed or Williams that the remarks involve any โhuge announcementโ or guaranteed December rate cut.
๐ According to reliable outlets like Reuters and WSJ, Williams recently said the Fed is still data-dependent and that future rate moves will depend on how the economy evolves.
๐ฌ In short:
The โhuge announcementโ and โrate-cut leakโ claims are unverified market rumors โ not confirmed policy news.
๐ Keep an eye on the official Federal Reserve event schedule and live transcripts before reacting to social-media speculation.